中国国航(601111) - 2025 Q2 - 季度业绩预告

I. Current Period Performance Forecast The company forecasts a net loss for the first half of 2025, with specific ranges for net loss attributable to shareholders and non-recurring net loss, pending audit I. Performance Forecast Period The financial period for this performance forecast is from January 1, 2025, to June 30, 2025 - The performance forecast period is from January 1, 2025, to June 30, 2025[3] II. Performance Forecast Details The company anticipates a net loss for the first half of 2025, with net loss attributable to shareholders projected between 1.7 billion and 2.2 billion yuan, and non-recurring net loss between 1.8 billion and 2.4 billion yuan; this forecast is unaudited 2025 Half-Year Performance Forecast Loss Range | Metric | Estimated Loss Range (Billion Yuan) | | :--- | :--- | | Net Loss Attributable to Shareholders | 1.7 - 2.2 | | Net Loss Excluding Non-Recurring Items | 1.8 - 2.4 | - This performance forecast has not been audited by a certified public accountant[3] II. Prior Period Performance This section details the company's financial performance for the prior period, including net loss attributable to shareholders, non-recurring net loss, and earnings per share Prior Period Performance | Metric | Amount (Billion Yuan) | | :--- | :--- | | Net Loss Attributable to Shareholders | 2.782 | | Net Loss Excluding Non-Recurring Items | 3.440 | | Earnings Per Share | -0.18 Yuan | III. Main Reasons for Current Period Forecasted Loss The company's forecasted loss is attributed to market imbalances, shifts in customer base, high-speed rail competition, and global economic uncertainties, despite operational improvements - The company achieved significant loss reduction year-on-year in the first half through enhanced production organization, improved aircraft utilization, refined marketing control, and strict cost management[5] - The loss is primarily influenced by imbalanced market supply, a shift in customer demographics, impact from high-speed rail networks, increasing international uncertainties, and changes in global supply chains[5] IV. Risk Warning This section confirms the absence of uncertain factors that could impact the accuracy of the current performance forecast - There are no uncertain factors affecting the accuracy of this performance forecast[6] V. Other Explanatory Matters This section clarifies that the forecast data is preliminary and advises investors to consider investment risks, awaiting the official half-year report - The forecast data represents preliminary figures, with definitive financial data subject to the company's official 2025 half-year report disclosure[7] - Investors are advised to exercise caution regarding investment risks[7]