Baiyun Airport proposes CNY 0.157 dividend per share for 2024

Guangzhou Baiyun International Airport (SSE:600004) has announced its financial results for 2024, highlighting a strong rebound in performance. The airport achieved total operating revenue of CNY 74.24 billion, up 15.44% year-over-year. Aircraft movements increased by 12.25% to 512,000, passenger throughput rose by 20.89% to 76.37 million, and cargo and mail throughput increased by 17.30% to 2.38 million tons. Net profit attributable to the parent company increased substantially, reaching CNY 9.26 billion, a 109.51% increase compared to the previous year. Correspondingly, earnings per share reached CNY 0.39.