Core Viewpoint - The report highlights the financial performance and operational achievements of Xiamen International Airport Co., Ltd. for the first half of 2025, showcasing growth in revenue and net profit amidst a recovering aviation market. Financial Performance - The company reported a total operating revenue of CNY 990.54 million, representing a 7.10% increase compared to CNY 924.84 million in the same period last year [2]. - Total profit amounted to CNY 367.05 million, up by 2.16% from CNY 359.30 million year-on-year [2]. - The net profit attributable to shareholders was CNY 252.97 million, a 1.10% increase from CNY 250.22 million in the previous year [2]. - The net cash flow from operating activities was CNY 317.43 million, down by 5.50% from CNY 335.90 million [2]. Operational Highlights - The aviation market showed significant recovery, with national passenger throughput reaching 738 million, a 5.0% year-on-year increase [3]. - The company achieved a passenger throughput of 12.25 million for domestic travelers, a 4.50% increase, and 2.07 million for international travelers, a 15.51% increase [6]. - The company opened new international routes, including a direct flight from Xiamen to Dili, Timor-Leste, and a new route to Kuala Lumpur, Malaysia, enhancing its international connectivity [6]. Business Segments - The company operates both aviation-related and non-aviation businesses, with aviation services including ground handling, passenger services, and cargo services [4]. - Non-aviation services include leasing commercial spaces and providing business consulting, contributing to diversified revenue streams [4]. Safety and Management - The company emphasizes safety management, implementing comprehensive safety protocols and risk management systems to ensure operational safety [11]. - It has been recognized for its service quality, winning multiple awards for excellence in airport services [9][12]. Strategic Positioning - Xiamen Airport serves as a crucial hub in the "Belt and Road" initiative, enhancing trade and travel connections between China and Southeast Asia [4]. - The airport's strategic location and robust route network position it as a key player in the regional aviation market, connecting to 129 cities domestically and internationally [10].