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China Eastern Airlines Corporation
Limited
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(Registrant)
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Date
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January
4, 2011
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By
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/s/
Luo
Zhuping
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Name: Luo Zhuping | ||||
Title:
Director and Company
Secretary
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This
announcement is made by the Company pursuant to Rule 13.09 of the Rules
Governing the Listing of Securities on The Stock Exchange of Hong Kong
Limited.
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I.
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RESULTS ESTIMATE FOR THE
PERIOD
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1
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Results
estimate period: 1 January 2010 to 31 December
2010
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2
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Results
estimate: The net profit attributable to the equity holders of China
Eastern Airlines Corporation Limited (the “Company”)
for the year 2010
is expected to be around ten times as compared to the corresponding figure
for the year 2009. The exact figures will be subject to the disclosure to
be made in the 2010 annual report of the
Company.
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3
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This
results estimate has not been audited by the Company’s
certified auditors.
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II.
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RESULTS FOR THE CORRESPONDING
PERIOD OF LAST YEAR (I.E. 1 JANUARY 2009 TO 31 DECEMBER
2009)
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1
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Net
profit attributable to the equity holders of the Company:
RMB540,000,000
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2
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Earnings
per share:
RMB0.0839
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III.
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MAJOR REASONS FOR THE INCREASE OF
RESULTS ESTIMATE
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1
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The
air transportation market has been recovering rapidly and continued to
grow in 2010. In particular, the air transportation market of the
People’s
Republic of China has
continued to grow rapidly in
2010.
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2
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The
gradual effect of the synergy brought by the absorption of Shanghai
Airlines by the Company, the implementation of which was underway in
2010.
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3.
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A
substantial growth in passenger traffic for Shanghai’s
passenger transportation market
due to the
World Expo held in Shanghai.
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4.
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The
Company’s
efforts in continual improvement and enhancement of its operations and
management standards, which has fostered steady growth of its operational
efficiency.
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IV.
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OTHER RELEVANT
DESCRIPTIONS
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By order of the
board of directors of
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CHINA EASTERN AIRLINES CORPORATION LIMITED
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Luo Zhuping
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Director and Company Secretary
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Liu Shaoyong
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(Chairman)
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Li Jun
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(Vice Chairman)
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Ma Xulun
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(Director, President)
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Luo Chaogeng
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(Director)
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Luo Zhuping
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(Director, Company Secretary)
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Sandy Ke-Yaw Liu
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(Independent non-executive Director)
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Wu Xiaogen
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(Independent non-executive Director)
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Ji Weidong
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(Independent non-executive Director)
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Shao Ruiqing
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(Independent non-executive Director)
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