Summary by Futu AI
China Southern Airlines (China Southern) announced its interim financial report on June 30, 2024, showing that the company's operating revenue was CNY 84.79 billion, an increase of 18.04% compared to the same period last year. Despite the increase in revenue, the company still recorded a net loss of CNY 105.4 million, a decrease from the CNY 287.7 million net loss in the same period last year. The net cash inflow from operating activities of the company was CNY 1.29 billion, the net cash outflow from investment activities was CNY 977.6 million, and the net cash outflow from financing activities was CNY 309 million. In addition, China Southern Airlines carried out a series of financial activities during the reporting period, including the issuance of convertible corporate bonds and medium-term notes, and conducted a number of related transactions with China Southern Airlines Group and its affiliated companies.