Baiyun Airport Will Turn Losses Into Profits in 2023, With An Expected Profit Of At Least 438 Million Yuan

Baiyun Airport will turn losses into profits in 2023, with an expected profit of at least 438 million yuan

Baiyun Airport recently issued an announcement stating that its operating results in 2023 will achieve a turnaround from losses to profits.

In 2023, Baiyun Airport is expected to achieve a net profit attributable to shareholders of listed companies of RMB 438 million to RMB 536 million, which will increase by RMB 1.509 billion to RMB 1.607 billion compared with the same period last year.

The announcement pointed out that this profit forecast is mainly due to the fact that with the gradual recovery of aviation market demand, the production and operation data of Baiyun Airport has increased significantly compared with the same period last year. With the gradual recovery of aviation market demand, Baiyun Airport's production and operation data has increased significantly compared with the same period last year. In 2023, it will achieve 456,100 aircraft takeoffs and landings, 63.1735 million passengers throughput, and 2.0311 million tons of cargo and mail throughput, respectively higher than the previous year. In the same period last year, the growth rate was 71.06%, 141.95%, and 7.78%.

According to Baiyun Airport's December 2023 production and operation data report, Baiyun Airport's cumulative passenger throughput in 2023 totaled 63.1735 million passengers, a year-on-year increase of 141.95%. Among them, the passenger throughput of domestic routes reached 55 million, a year-on-year increase of 117.42%; the passenger throughput of international routes reached 7.6862 million, a year-on-year increase of 885.96%.

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