BOC Aviation closes H1, 2023 with $262 million net profit after tax

BOC Aviation reported net profit after tax (NPAT) $262 million for the first half of 2023 (H1) driven by higher lease rental income and on the back of rising global passenger traffic.  During the six months ended June 2023, BOC Aviation grew its total assets to almost $23 bn and committed to acquire 23 aircraft to close the first half of 2023 with record total committed capital expenditure of $11 bn. The Board of Directors approved a distribution of $0.1131 per share by way of interim dividend, which represents 30% of the company’s NPAT in the first half of 2023.