MEILAN AIRPORT News

Earnings Update: Here's Why Analysts Just Lifted Their Hainan Meilan International Airport Company Limited (HKG:357) Price Target To HK$9.15

Simply Wall StMar 22 20:11 ET

MEILAN AIRPORT (00357.HK) reported a net loss of 0.381 billion yuan for the fiscal year 2024.

On March 20, Gelonghui reported that MEILAN AIRPORT (00357.HK) announced that for the fiscal year 2024, the company's total revenue was RMB 2,170.99 million (FY 2023: RMB 2,085.68 million); the net loss attributable to the parent company's Shareholders was RMB 381.44 million (FY 2023: net loss attributable to the parent company's Shareholders was RMB 136.01 million); the loss per share was RMB 0.81. As of December 31, 2024, MEILAN AIRPORT operated a total of 284 originating routes, including 239 domestic routes and 3 international and regional routes.

Gelonghui FinanceMar 20 10:38 ET

Express News | Hainan Meilan International Airport FY Net Loss Was RMB366.25 Million

ReutersMar 20 10:33 ET

MEILAN AIRPORT: FINAL RESULTS ANNOUNCEMENT AS OF 31 DECEMBER 2024

HKEXMar 20 10:32 ET · Announcements

Airlines See Lower Customer Demand, Cut Back Financial Expectations

Fox BusinessMar 11 14:56 ET

MEILAN AIRPORT (00357.HK) will hold a Board of Directors meeting on March 20 to approve the comprehensive performance.

Gelonghui reported on March 10 that MEILAN AIRPORT (00357.HK) announced that the Board of Directors meeting will be held on March 20, 2025, to review and approve the consolidated performance of the company and its subsidiaries for the year ending December 31, 2024, and to declare the final dividend (if any).

Gelonghui FinanceMar 10 06:09 ET

MEILAN AIRPORT: NOTICE OF BOARD MEETING

HKEXMar 10 06:07 ET · Announcements

【Brokerage Focus】CITIC SEC pointed out that the demand for public business is accelerating recovery, expecting additional growth in long-haul routes.

Jinwu Financial News | CITIC SEC stated that after the Lantern Festival, the recovery of public business demand has accelerated, which may provide significant support for the recent positive changes in domestic ticket prices. Reviewing the historical recovery of short-term public business demand may be an important observation Indicator. After the Spring Festival transport in 2025, public business travel is expected to rebound, with passenger flow on the Beijing-Shanghai line recovering to 92.4% of the levels seen in the 10 days before the Spring Festival transport during the 10 days after the Lantern Festival (better than 88.7% in 2024), and ticket prices seeing a year-on-year positive change with improved pre-sale data. There are expectations for accelerated resumption of work and high prosperity in new productive forces leading to increased travel demand. The North American routes are a major factor limiting the improvement in wide-body aircraft utilization, and we estimate the situation on the U.S. routes

Jingu Financial NewsFeb 27 19:59 ET

Hong Kong stocks fluctuate | The Aviation/airlines Industry rises against the market trend. During the Spring Festival travel period, the passenger transportation volume of civil aviation reaches a historical peak. Institutions state that the demand for p

The airlines industry has risen against the market trend, as of the time of writing, MEILAN AIRPORT (00357) has increased by 7.73%, priced at 8.78 HKD; Air China Limited (00753) has risen by 3.72%, priced at 4.74 HKD; China Southern Airlines (01055) has grown by 2.49%, priced at 3.7 HKD; and China Eastern Airlines (00670) has increased by 1.52%, priced at 2.67 HKD.

Zhitong FinanceFeb 26 21:40 ET

HAITONG SEC: The growth rate of international flights is leading, and travel to Sanya is recovering well.

The overall growth of travel during the Spring Festival is steady, and international travel is accelerating its recovery. Attention should be given to investment opportunities in the Aviation Sector; 2025 is the year when Hainan Free Trade Port will be officially closed off, and the demand for tourism Consumer is expected to be driven, focusing on investment opportunities in Hainan travel.

Zhitong FinanceFeb 25 01:29 ET

Hong Kong stocks movement | MEILAN AIRPORT (00357) fell over 3% as the company recently issued a profit warning, expecting the annual net loss to expand year-on-year to no more than 0.4 billion yuan.

MEILAN AIRPORT (00357) has fallen over 3%, currently down 3.25%, priced at 8.05 Hong Kong dollars, with a transaction amount of 5.2137 million Hong Kong dollars.

Zhitong FinanceFeb 24 21:33 ET

Announcement Highlights | Alibaba's revenue in the last quarter increased by 8% year-on-year; "Snow King" has started its IPO! The stock is priced at HKD 202.5 per share.

In the last quarter, Alibaba's Net income increased by over 300%; CHINA RES POWER's photovoltaic sales volume in January rose by 45%.

cls.cnFeb 20 19:22 ET

Zhicheng Hong Kong stocks early insights | Alibaba (09988) CEO: Q3 Earnings Reports cloud revenue returns to double-digit growth of 13%, Chinese concept stocks are performing strongly against the trend.

Alibaba-W (09988) announced quarterly results for the period ending December 31, 2024.

Zhitong FinanceFeb 20 18:51 ET

Hainan Meilan International Airport Company Limited's (HKG:357) Subdued P/S Might Signal An Opportunity

Simply Wall StFeb 20 17:33 ET

MEILAN AIRPORT (00357.HK) expects an annual net loss of no more than 0.4 billion yuan.

On February 20, Gelonghui reported that MEILAN AIRPORT (00357.HK) announced it expects to record a net loss of no more than 400 million yuan for the fiscal year ending December 31, 2024 (compared to a net loss of approximately 169 million yuan in the previous year). The expected loss for the group in the fiscal year 2024 is primarily due to (i) the payment of the relevant settlement amount according to the second phase arbitration ruling of the arbitration case (which is also the final ruling of the case) and the subsequent consultations between the company and the arbitration applicant. Excluding the impact of the arbitration case, the group's expected net loss for the fiscal year 2024 will be similar to the previous year.

Gelonghui FinanceFeb 20 05:10 ET

MEILAN AIRPORT: PROFIT WARNING

HKEXFeb 20 05:06 ET · Announcements

Hainan Meilan Airport, Parent Secure 6.4 Billion Yuan Loan

MT NewswiresJan 27 08:08 ET

Express News | Hainan Meilan International Airport FY EPS RMB -0.29

ReutersJan 27 03:32 ET

Multiple market bullish factors boost the Aviation/airlines Industry, with the three major domestic airlines all rising over 8%.

① What preparations have the Airlines made for the Spring Festival travel in the Year of the Snake? ② How do the Institutions view the subsequent performance of shipping stocks?

cls.cnJan 14 01:07 ET

Hong Kong stocks movement | Most Aviation/airlines Industry stocks turn to rise as Morgan Stanley upgrades the ratings of several domestic airlines. The strong demand during the Spring Festival is expected to stimulate optimistic demand expectations.

Most aviation stocks have turned positive. As of the time of publication, Air China Limited (00753) is up 4.85%, trading at 4.76 Hong Kong dollars; China Eastern Airlines (00670) is up 4.7%, trading at 2.45 Hong Kong dollars; China Southern Airlines (01055) is up 3.75%, trading at 4.24 Hong Kong dollars; MEILAN AIRPORT (00357) is up 1.61%, trading at 8.19 Hong Kong dollars.

Zhitong FinanceJan 13 20:45 ET