CALC reports first half 2017 results

During the six months to June 30, 2017, CALC’s revenue and other income increased by 22.5% to HK$1,258.0 million on the back of continued expansion of the aircraft leasing business and successful implementation of its globalization strategy. Net profit grew 3.6% to HK$248.7 million, while basic earnings per share was HK$0.37. Total assets increased by 10.1% to HK$34,028.7 million. CALC’s gearing ratio dropped by 0.4 percentage points to 83.2%. The lessor completed the disposal of finance lease receivables for 10 aircraft and declared an interim dividend of HK$0.18 per share, an increase of 28.6% with dividend payout ratio of 49%.