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Baiyun Airport reports strong semi-annual performance, profit up 71%

September 18, 2025 at 08:00 AM UTCBy FilingReader AI

Guangzhou Baiyun International Airport Co., Ltd. announced a strong financial performance for the first half of 2025, with net profit attributable to shareholders reaching 750 million yuan, a 71% year-on-year increase. Total operating revenue for the period was 3.72 billion yuan, comprising approximately 1.57 billion yuan from aviation services and 2.15 billion yuan from extended aviation services. The company attributes this growth to an expanded marketing network and enhanced resource efficiency, aiming for continued "double growth" in social and economic value.

The airport's Terminal 3 expansion project is nearing completion and is expected to be operational soon, with six rounds of public commercial tenant recruitment actively underway. In the first half of 2025, the company launched or enhanced 19 international passenger routes, including new destinations such as Surabaya, Almaty, and Tashkent, broadening its international network. Future plans include further expanding routes to Europe, Central Asia, and South Asia.

Regarding investor relations, the company has implemented a market capitalization management system and a 2025 plan to enhance quality and returns. A non-public offering application submitted in February 2025 is currently under review by the Shanghai Stock Exchange. The airport also reported progress in its duty-free operations, which are gradually recovering, and has attracted luxury brands like Louis Vuitton, Hermès, Gucci, and Saint Laurent.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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