On July 31st, Gelunhui reported that Beijing Airport (00694.HK) is expected to report a net loss of approximately RMB 0.33 billion to RMB 0.4 billion for the six months ending on June 30, 2024, while a net loss of approximately RMB 1.04 billion for the six months ending on June 30, 2023.
The Board of Directors believes that during the first half of 2024, as the aviation market demand continues to recover, the number of takeoffs and landings of flights, passenger traffic, and cargo throughput at Beijing Capital International Airport will further recover and grow, driving steady improvement in operational performance. However, due to the incomplete recovery of the international market, plus the impact of the diversion of Beijing Daxing International Airport, the company's operating pressures remain high, resulting in losses in operating performance during this period.