GBIAC(SH:600004) Shang Hai Zheng Quan Bao·2026-01-27 19:39Core Viewpoint - Guangzhou Baiyun International Airport Co., Ltd. expects a significant increase in net profit for the year 2025, driven by the recovery of the aviation market and operational growth [2][3]. Financial Performance Forecast - The company anticipates a net profit attributable to shareholders of the parent company between 1,279.61 million yuan and 1,563.97 million yuan for 2025, representing an increase of 353.76 million yuan to 638.12 million yuan, or a year-on-year growth of 38.21% to 68.92% [2][3]. - The expected net profit, excluding non-recurring gains and losses, is projected to be between 731.82 million yuan and 1,016.18 million yuan, with a potential decrease of 174.29 million yuan to an increase of 110.07 million yuan, reflecting a year-on-year change of -19.24% to 12.15% [2][3]. Previous Year Performance - In the previous year, the net profit attributable to shareholders was 925.85 million yuan, while the net profit after excluding non-recurring gains and losses was 906.11 million yuan [5]. Reasons for Performance Increase - The recovery in aviation market demand has led to substantial growth in operational data, with expected aircraft takeoffs and landings at 550,500, passenger throughput at 83.59 million, and cargo and mail throughput at 2.44 million tons, representing increases of 7.53%, 9.45%, and 2.41% respectively compared to the previous year [7]. - The company has confirmed related income from an arbitration ruling as per the Guangzhou Arbitration Commission [7]. - The company has recognized income from a land use rights compensation agreement with the Guangzhou Land Development Center [7].