Shares in Beijing Airport (HKEX: 00694) surged more than 5% in trading. At the time of writing, the stock was up 5.49% to HK$1.73, with a turnover of HK$2.34 million.
Positive Earnings Outlook
The company has issued a positive profit alert, indicating it expects to record a net profit ranging between approximately RMB 10 million and RMB 20 million for the six-month period ending June 30, 2026. This represents a significant turnaround from the net loss of about RMB 164 million reported for the same period last year.
Drivers of the Turnaround
The anticipated shift from loss to profit is primarily attributed to a recovery in aviation market demand, which has driven an increase in international air traffic volume. Additionally, the company's ongoing efforts to strengthen cost control and manage accounts receivable have contributed to a continuous improvement in operational quality.
Operational Momentum
Separately, reports indicate that since the start of the summer travel season, passenger throughput at the airport has increased by more than 5% year-on-year. International and regional passenger traffic has seen an even stronger rise, with growth exceeding 10%.
Network Strength
Currently, the airport's route network connects to 214 destinations across 57 countries globally. This includes 87 international and regional destinations, establishing connectivity with major global aviation hubs.
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