China Southern Airlines' first-half loss widens to 3.696 billion yuan

Earnings
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China Southern Airlines released its 2026 interim report. First-half operating revenue was 94.68 billion yuan, up 9.7 percent year on year, but net profit attributable to the parent swung from a loss of 1.53 billion yuan a year earlier to a loss of 3.696 billion yuan. In the second quarter, operating revenue was 46.9 billion yuan, up 9.4 percent year on year, while the net loss attributable to the parent widened to 5.18 billion yuan from 786 million yuan a year earlier. As of the end of the second quarter, total assets stood at 363.689 billion yuan, up 4.0 percent from the end of the previous year, while net assets attributable to the parent were 30.119 billion yuan, down 15.3 percent from the end of the previous year. The company said it faced a complex external environment and operating pressure during the reporting period, but responded proactively, with both passenger and cargo operations optimized and overall operations remaining stable.

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