-+ 0.00%
-+ 0.00%
-+ 0.00%
China Southern Airlines Co., Ltd. (01055) announced interim results with net loss of 3,699 billion yuan, an increase of 141.13% year-on-year
Share
Listen to the news

According to the Zhitong Finance App, China Southern Airlines Co., Ltd. (01055) announced its 2026 interim results. The group achieved operating income of 94.679 billion yuan during the period, an increase of 9.72% over the previous year; net loss attributable to the company's equity holders was 3,699 billion yuan, an increase of 141.13% over the previous year; and a basic loss per share was 0.2 yuan.

In the first half of 2026, the Group achieved operating revenue of RMB 94.679 billion, an increase of 9.72% over the previous year. Among them, transportation revenue was RMB 90.244 billion, an increase of 9.85% over the previous year, mainly due to the increase in passenger revenue and freight revenue. Passenger revenue was RMB 79.471 billion, up 8.76% year on year. The increase in passenger revenue was due to the year-on-year increase in international passenger turnover during the reporting period; freight and mail revenue was RMB 10.773 billion, up 18.65% year on year, mainly due to the increase in cargo and mail traffic volume during the reporting period; other operating revenue was RMB 4.435 billion, up 7.15% year on year, mainly due to an increase in ground service revenue during the reporting period.

During the reporting period, Xiamen Airlines achieved operating revenue of RMB 19.53 billion, an increase of 3.61% over the previous year; net profit of RMB 35 million, compared with net profit of RMB 431 million for the same period last year. As of June 30, 2026, Xiamen Airlines had total assets of RMB 70.839 billion and net assets of RMB 21,434 billion.

During the reporting period, China Southern Airlines Logistics achieved operating revenue of RMB 11.012 billion, an increase of 17.16% over the previous year; realized net profit of RMB 1,906 billion, compared with net profit of RMB 1,601 billion for the same period last year. As of June 30, 2026, China Southern's total logistics assets were RMB 26.4 billion and net assets were RMB 21.734 billion.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending