China Southern Airlines Company Limited 2024 Interim Results Pre-announcement of Loss Current Period Performance Forecast The company anticipates a net loss for the first half of 2024, with preliminary, unaudited figures provided 2024 Interim Performance Forecast | Metric | Estimated Amount (RMB) | | :--- | :--- | | Net Profit Attributable to Shareholders | -1.06 billion to -1.58 billion | | Net Profit Attributable to Shareholders (Excluding Non-recurring Items) | -3.15 billion to -3.98 billion | - The forecast period covers January 1, 2024, to June 30, 20244 - This performance forecast is based on the company's preliminary calculations and has not been audited5 Performance in the Same Period of the Previous Year The company reported a net loss of 2.875 billion RMB for the first half of 2023 2023 Interim Performance Review | Metric | Amount (RMB) | | :--- | :--- | | Total Profit | -1.761 billion | | Net Profit Attributable to Shareholders | -2.875 billion | | Net Profit Attributable to Shareholders (Excluding Non-recurring Items) | -3.960 billion | | Earnings Per Share | -0.16 | Main Reasons for the Pre-announced Loss Despite significantly narrowing losses year-over-year, challenges like market oversupply and high oil prices led to a continued loss - Positive factors: The company capitalized on market recovery opportunities and enhanced cost controls, leading to a significant year-over-year reduction in operating losses7 - Negative factors include oversupply in the domestic market, challenges in international market recovery, frequent extreme weather, and volatile high oil prices7 Risk Warning The company confirms no significant uncertainties that would affect the accuracy of this performance forecast - The company states that there are no uncertainties affecting the accuracy of this performance forecast8 Other Explanatory Matters Investors are advised that these are preliminary figures, with final data to be released in the official 2024 interim report - The forecast data is preliminary; final accurate financial data will be based on the company's officially disclosed 2024 interim report8 - Investors are reminded to be aware of investment risks9
南方航空(600029) - 2024 Q2 - 季度业绩预告