UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

___________________

 

FORM 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

 

For the month of April 2016

 

Commission File Number: 001-14550

 

China Eastern Airlines Corporation Limited

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(Translation of Registrant’s name into English)

 

Board Secretariat’s Office

Kong Gang San Lu, Number 88

Shanghai, China 200335

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(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of x  Form 20-F    ¨ Form 40-F

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

 

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:  ¨ Yes    x No

 

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):    n/a 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  China Eastern Airlines Corporation Limited
  (Registrant)
   
Date:  April 13, 2016 By:  /s/ Wang Jian
   

Name: Wang Jian

Title: Joint Company Secretary

 

 

Certain statements contained in this announcement may be regarded as "forward-looking statements" within the meaning of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The forward-looking statements included in this announcement represent the Company's views as of the date of this announcement. While the Company anticipates that subsequent events and developments may cause the Company's views to change, the Company specifically disclaims any obligation to update these forward-looking statements, unless required by applicable laws. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this announcement.

  

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

  

 

 

ANNOUNCEMENT ON ESTIMATED PROFIT INCREASE

IN THE FIRST QUARTERLY RESULTS OF 2016

 

 

This announcement is made pursuant to Rule 13.09 and Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“Listing Rules”) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance.

 

The Company and all members of the Board confirm that the information contained in this announcement is true, accurate and complete, and that there are no misrepresentations or misleading statements contained in, or material omissions from, this announcement.

 

  

I.RESULTS ESTIMATE FOR THE PERIOD

 

(1)Results estimate period:

1 January 2016 to 31 March 2016

 

(2)Results estimate:

 

China Eastern Airlines Corporation Limited (the “Company”) has made a preliminary estimate in conformity with the China Accounting Standards for Business Enterprises on the operating results of the Company for the first quarter of 2016. The net profit attributable to the equity holders of the Company for the first quarter of 2016 is expected to increase by 60%–70% as compared to the corresponding period last year.

 

(3)Financial information involved in this results estimate announcement has not been audited by certified public accountants.

 

 

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II.RESULTS FOR THE CORRESPONDING PERIOD LAST YEAR

 

(1)Net profit attributable to the equity holders of the Company: RMB1.564 billion.

 

(2)Earnings per share: RMB0.1234.

 

III.REASONS FOR THE ESTIMATED PROFIT INCREASE FOR THE CURRENT PERIOD

 

(1)During the first quarter of 2016, benefitting from the national economic restructuring and consumption upgrade of residents, demand for the air passenger market continued to grow;

 

(2)The Company seized favorable market opportunities to actively boost and optimize flight capacity and strengthen marketing and sales; and

 

(3)Benefitting from low international crude oil prices, jet fuel expense of the Company further decreased. At the same time, the Company actively adjusted its debt structure and strived to promote direct sales and reduce selling costs and expenses to strengthen cost control.

 

IV.RISK ALERT

 

The board of directors of the Company hereby cautions investors that the results estimate set forth above represents a preliminary estimate based on the China Accounting Standards for Business Enterprises and has not been audited. Exact financial information is subject to the disclosure to be made in the 2016 unaudited first quarterly report of the Company. Potential investors are advised to be mindful of risks associated with their investments.

 

By order of the Board

CHINA EASTERN AIRLINES CORPORATION LIMITED
Wang Jian

Joint Company Secretary

Shanghai, the People’s Republic of China

13 April 2016

 

As at the date of this announcement, the directors of the Company include Liu Shaoyong (Chairman), Ma Xulun (Vice Chairman, President), Xu Zhao (Director), Gu Jiadan (Director), Li Yangmin (Director, Vice President), Tang Bing (Director, Vice President), Tian Liuwen (Director, Vice President), Ji Weidong (Independent non-executive Director), Li Ruoshan (Independent non-executive Director), Ma Weihua (Independent non-executive Director) and Shao Ruiqing (Independent non-executive Director).

 

 

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