China Southern Airlines Reports Mixed Q3 2024 Financial Results

China Southern Airlines Company Limited Class H (HK:1055) has released an update.

China Southern Airlines has reported a mixed financial performance for the third quarter of 2024, with a 4.64% increase in operating revenue to RMB 49,871 million, but a substantial 23.89% drop in net profit attributable to shareholders. Despite this quarterly dip, the company has seen a significant 48.86% rise in net profit over the first nine months of the year, suggesting a potential turnaround in overall profitability.

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