Beijing Airport Predicts Narrower Mid-Year Loss

Beijing Capital International Airport Co (HK:0694) has released an update.

Beijing Capital International Airport Company Limited has issued a profit warning, anticipating a net loss of between RMB330 million and RMB400 million for the first half of 2024. This projected loss, although substantial, marks an improvement from the RMB1.04 billion loss in the same period the previous year. The company attributes the losses to incomplete recovery in international markets and competition from Beijing Daxing International Airport, despite a growing aviation demand.

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