Jiangxi Guotai Group expects that the performance in the second half of the year will be ideal, mainly benefiting from the increase in cargo demand and the decrease in RBOB Gasoline prices; profits from subsidiary companies are also expected to improve in the second half compared to the first half. In addition, Jiangxi Guotai Group's performance in the second half also includes an expected gain of about 0.5 billion yuan due to the issuance of A shares by Air China (00753.HK).
The group announced that it has successfully completed a two-year rebuilding process. Starting from January 2025, CATHAY PAC AIR, along with Hong Kong Express, will have the number of flights reach 100% of the pre-pandemic levels.