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China Expects Air Travel to Hit a Record in 2024
Beijing Airport (00694.HK) plans to hold a board of directors meeting on August 28 to approve its interim performance.
On Wednesday, August 28th, 2024, Beijing Airport (00694.HK) announced that the board of directors will hold a meeting to discuss the following matters: 1. Consider and approve the company's mid-year performance ending on June 30, 2024; 2. Consider and approve the company's profit distribution plan, and declare, recommend or pay interim dividends (if any); and 3. Other matters (if any).
BEIJING AIRPORT: ANNOUNCEMENTNOTICE OF BOARD MEETING
Stocks in Hong Kong are volatile | Beijing Airport (00694) fell more than 3%, with net losses expected to narrow by about 0.33 billion yuan to about 0.4 billion yuan year-on-year in the first half of the year.
Shares of Beijing Airport (00694) fell more than 3%. As of the time of publication, it fell by 1.92% to HKD 2.55 and the trading volume was HKD 5.7312 million.
Beijing Airport (00694.HK) is expected to record a net loss of approximately 0.33-0.4 billion yuan in the first half of the year.
On July 31st, GeLonghui reported that Beijing Airport (00694.HK) is expected to record a net loss between approximately RMB 330 million and RMB 400 million for the six months ending on June 30, 2024, while a net loss of approximately RMB 1.04 billion was recorded for the six months ending on June 30, 2023. The board of directors believes that in the first half of 2024, as the aviation market demand continues to recover, the number of flights, passenger throughput, and cargo and mail throughput of Beijing Capital International Airport will further recover and grow, driving steady improvement in business performance. However, due to the incomplete recovery of the international market,
BEIJING AIRPORT: ANNOUNCEMENTPROFIT WARNING
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