FilingReader Intelligence

China Eastern to skip 2024 dividend amid losses

March 29, 2025 at 05:38 AM UTCBy FilingReader AI

China Eastern Airlines Corp (SSE: 600115) will not distribute a dividend for the fiscal year 2024, according to a preliminary decision announced by the board. The airline attributed this decision to a net loss attributable to shareholders of RMB 4.23 billion and resulting negative retained earnings, which fail to meet the conditions for a cash dividend under Chinese law and the company's articles of association.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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