Summary by Futu AI
China Southern Airlines Co., Ltd. (the Company) announced its unaudited performance for the six months ended June 30, 2024 on August 29, 2024. During the period, the company achieved operating revenue of RMB 84,790 million, an increase of 18.04% compared to the same period last year. Operating profit was RMB 4,507 million, compared to RMB 1,433 million in the same period last year. The net loss for the period was RMB 408 million, compared to RMB 2,481 million in the same period last year. The loss per share was RMB 0.06. As of June 30, 2024, the company's current liabilities exceeded its current assets by RMB 107,676 million, but the directors of the company believe that the group has sufficient financing to meet its needs. The company has not declared an interim dividend for the six months ended June 30, 2024.