According to the Wisdom Wealth News APP, Meilan Airport (00357) fell more than 4%, as of the press release, fell 4.46%, to HKD 7.5, with a turnover of HKD 5.1785 million.

On the news front, according to the disclosure by Meilan Airport, the passenger throughput of Haikou Meilan Airport in May this year was 1.9037 million, a year-on-year increase of 5.5%; a month-on-month decrease of about 12%. In addition, according to statistics from Haikou Customs, the actual number of tax-free shopping on Hainan's outlying islands in May this year was 418,800, a decrease of 16% year-on-year; tax-free shopping amount was RMB 1.974 billion, a decrease of 38.27% year-on-year; tax-free shopping items were 2.3088 million, a decrease of 38.47% year-on-year.

Previously, Deutsche Bank pointed out that due to the weak macro environment and the dilution effect of the Haikou duty-free shop, the company's per capita duty-free consumption in the second half of last year fell to RMB 89, a year-on-year decrease of 48%, a decrease of 25% from the first half of last year. The bank expects the company to only achieve break-even in the 2024 fiscal year, and at the same time lowers the profit forecast for Meilan Airlines in 2024 and 2025 by 71% and 45%, reflecting the low consumer spending, the decline in duty-free market share and the rising costs after taking over the Phase II operation.