Core Viewpoint - China Southern Airlines reported a mid-year performance for 2025, showing a slight increase in operating revenue but a significant increase in net loss compared to the previous year [1] Group 1: Financial Performance - Operating revenue reached 86.291 billion RMB, a year-on-year increase of 1.77% [1] - Net loss attributable to shareholders was 1.534 billion RMB, an increase of 45.54% year-on-year [1] - Basic loss per share was 0.08 RMB [1] - Transportation revenue was 82.152 billion RMB, up 2.06% year-on-year, driven by increases in passenger and cargo revenue [1] Group 2: Operational Improvements - The company improved operational quality, with a flight execution rate exceeding 98% for flights canceled within three days [2] - Passenger perspective flight punctuality increased by 7.71 percentage points year-on-year [2] - The company received the "Best Airline Award" in the Civil Aviation Passenger Service Evaluation (CAPSE) for eight consecutive years [2] Group 3: Strategic Initiatives - The company is focusing on high-quality development through five major structural adjustments, including phasing out low-efficiency aircraft and increasing the proportion of high-performance aircraft [2] - Enhancements in hub competitiveness were made, optimizing flight schedules at the Guangzhou hub and improving transfer efficiency, achieving a transfer passenger success rate of 98.5% [2] - The company is advancing digital transformation by deploying eight large models and achieving new results in IT research and development ecosystem construction [2]
中国南方航空股份(01055)发布中期业绩 归母净亏损15.34亿元 同比扩大45.54%