BOC Aviation Leasing recorded a net profit of $0.46 billion in the first half of the year, in the range of profit and joy.
According to the report published by Lyon, ZhongYin Aviation Leasing (02588) maintains the rating of 'outperformance' and raises the target price from HKD 69 to HKD 78. The group recorded a net profit of $0.46 billion in the first half of the year, in the range of profit and joy. Although the management expects delays from original equipment manufacturers (OEM) to continue until 2026, the bank believes that the upcoming interest rate cycle and strong aircraft demand will be catalysts.
