CALC closes 2022 with revenue of HK$4,171 million, 27% over last year

The China Aircraft Leasing Group Holdings Limited (CALC) reported a strong revenue, closing the year 2022 with HK$4,171 million reporting 27.2% increase over 2021. CALC wrote off in full of two aircraft that remain in Russia due to the Russia-Ukraine Conflict. Excluding the write-off, adjusted profit attributable to shareholders reached HK$513 million. In 2022 the Group’s total new financing facilities obtained and renewed exceeded HK$ 21 billion, including aircraft project loans, PDP financing, working capital facilities, RMB bonds, etc., providing strong support for the Group’s business development. As at 31 December 2022, the Group had cash and bank balances amounting to