BEIJING AIRPORT (00694) Reports Interim Results with After-Tax Loss of RMB 164 Million, Narrowing 56.48% Year-over-Year

Stock News
08/28

BEIJING AIRPORT (00694) announced its interim results for 2025, reporting total revenue of RMB 2.755 billion, representing a 2.63% year-over-year increase. The company recorded an after-tax loss of RMB 164 million, which narrowed by 56.48% compared to the same period last year, with basic loss per share of RMB 0.036.

According to the announcement, during the first half of 2025, Beijing Capital Airport's aviation traffic maintained steady growth, benefiting from sustained strong passenger travel demand. International and Hong Kong, Macao, and Taiwan aviation traffic continued to demonstrate stable growth, while domestic aviation market demand experienced modest adjustments.

In the first half of 2025, Beijing Capital Airport recorded a cumulative total of 217,305 aircraft movements, representing approximately 2.8% growth compared to the previous year. Passenger throughput reached 34,168,396 passengers, up approximately 4.5% year-over-year, while cargo throughput totaled 746,268 tonnes, increasing approximately 5.9% from the prior year period.

For the first half of 2025, the company's aviation business revenue totaled RMB 1,344,510,000, marking approximately 4.6% growth year-over-year.

Aircraft landing and related revenue reached RMB 689,412,000 during the first half of 2025, up approximately 1.9% compared to the same period last year. This growth rate was slightly lower than the increase in aircraft movements, primarily due to relatively modest changes in domestic aviation market demand, which represents a larger proportion of operations, and reduced aircraft ground time at the airport.

Passenger service revenue totaled RMB 655,098,000, representing approximately 7.5% growth year-over-year. This increase exceeded the passenger throughput growth rate, mainly attributable to rising international passenger traffic and higher passenger service revenue from international flights compared to domestic flights.

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