Meilan Airport Posts Narrower Interim Loss as Revenue Edges Higher

Stock News
08/21

Meilan Airport (00357) has released its interim results for the 2026 fiscal year, showing total revenue of approximately RMB 1.092 billion, a modest year-on-year increase of 1.14%. The company recorded a net loss attributable to shareholders of around RMB 66.8786 million, which represents a narrowing of 4.73% compared to the same period last year. Basic loss per share stood at RMB 0.14.

The company attributed the reduced loss to ongoing optimization of its route network at Meilan Airport, which helped capitalize on cargo market opportunities and drive slight revenue growth. Additionally, management implemented stricter cost control measures and introduced a per-capita efficiency improvement program, leading to lower expenses across several cost categories. These combined efforts contributed to the overall reduction in net loss for the period.

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