CALC Subsidiary CALC (Tianjin) Records RMB91.44 Million Net Profit in Q1 2026

Bulletin Express04-29

China Asset Leasing Company Limited (CALC (Tianjin)), the wholly-owned subsidiary of China Aircraft Leasing Group Holdings Limited (CALC), released its unaudited results for the three months ended 31 March 2026.

• Revenue reached RMB997.06 million, driven by operating income, investment gains, asset disposals and non-operating income.

• Net profit came in at RMB91.44 million for the quarter.

• As at 31 March 2026, total assets stood at RMB40.50 billion, supported by an aircraft leasing portfolio and related receivables. Total liabilities were RMB26.41 billion, resulting in total equity of RMB14.09 billion.

The financial statements are prepared under PRC GAAP and relate solely to CALC (Tianjin), which issues medium-term notes and corporate bonds onshore. Accounting treatments, including those for lease transactions, may differ from the Group’s consolidated financials prepared under HKFRS.

Shareholders and prospective investors are advised to exercise caution when interpreting these subsidiary-level figures, as they do not present the full financial position of CALC Group.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment