MEILAN AIRPORT Reports 2025 Annual Results: Net Loss Attributable to Shareholders Narrows by 26.9% to CNY 279 Million

Stock News
Mar 28

MEILAN AIRPORT (00357) announced its annual results for the period ending December 31, 2025. The company recorded operating revenue of CNY 2.007 billion, representing a decrease of 7.6% compared to the previous year. The net loss attributable to equity shareholders of the company was CNY 279 million, narrowing by 26.9% year-on-year. The basic loss per share was CNY 0.59.

In 2025, the group's total revenue from aviation business amounted to CNY 1.07 billion, a decline of 1.03% compared to the same period in 2024. The decrease in aviation business revenue was primarily due to a 0.48% reduction in the number of aircraft movements at Meilan Airport compared to the previous year. Furthermore, a decrease in the proportion of wide-body aircraft among the total movements led to a lower average revenue per movement.

As of December 31, 2025, Meilan Airport operated 296 originating routes, comprising 241 domestic routes, 47 international and regional routes, and 8 international cargo routes. During the year, 86 new routes were launched, including 60 domestic routes, 20 international passenger routes, and 6 international cargo routes. The airport served a total of 164 cities, including 127 domestic cities, 28 international and regional destinations, and 9 international cargo destinations. This represented a net addition of 25 new destinations compared to the previous year, consisting of 11 domestic, 8 international and regional, and 6 international cargo points.

A total of 51 airlines operated at Meilan Airport, including 37 domestic carriers, 9 international and regional airlines, and 5 international cargo airlines. Four new airlines commenced operations at the airport during the year, comprising one domestic carrier and three international cargo airlines.

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