Hainan Meilan International Airport Full Year 2024 Earnings: Misses Expectations

Hainan Meilan International Airport (HKG:357) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥2.17b (up 4.1% from FY 2023).
• Net loss: CN¥381.4m (loss widened by 181% from FY 2023).
• CN¥0.81 loss per share (further deteriorated from CN¥0.29 loss in FY 2023).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Hainan Meilan International Airport Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 8.0%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Infrastructure industry in Hong Kong.

Performance of the Hong Kong Infrastructure industry.

The company's shares are up 4.1% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Hainan Meilan International Airport you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.