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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Shanghai International Airport
Shanghai International Airport (600009) investor relations material
Shanghai International Airport Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary30 Oct, 2026
Executive summary
Q3 revenue rose 5.92% YoY to RMB 3.560B; net profit attributable to shareholders increased 9.83% to RMB 647.8M, supported by higher aviation business volume at the Shanghai airports and investment income.
9M revenue grew 3.59% to RMB 10.062B and attributable net profit rose 14.06% to RMB 1.864B; operating cash flow declined 7.81% to RMB 3.859B.
Financial highlights
Q3 profit before tax was RMB 924.0M, up 9.72% YoY; net profit excluding non-recurring items was RMB 619.3M, up 6.41%.
9M profit before tax was RMB 2.631B, up 13.79%; net profit excluding non-recurring items was RMB 1.742B, up 8.27%.
9M total non-recurring gains were RMB 121.8M, including fair-value and disposal gains, government grants, and other items.
Segment performance
Q3 advertising contract revenue was RMB 180M under the advertising operating-rights arrangement with Shanghai Airport De Gao Momentum Advertising.
Q3 duty-free contract revenue was RMB 286M under the Pudong and Hongqiao airport duty-free operating-rights contracts.
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Latest events from Shanghai International Airport
- Net profit surged 16.46% on steady revenue growth and strong cargo performance.600009
Q2 2026 - Net profit rose 11.33% year-over-year on stable revenue and higher investment income.600009Q1 2026
- 2025 revenue and net profit rose 7.9% and 9.45% respectively, with record airport throughput.600009H2 2025
- Q3 net profit surged 52.52% year-over-year on strong air traffic and contract revenue.600009Q3 2025
- Net profit jumped 28.14% on higher traffic and cost control, with a 50% dividend payout.600009H1 2025
- Net profit jumped 141.87% year-over-year on strong aviation and non-aviation business growth.600009Q3 2024
- Net profit jumped 515% year-over-year on strong aviation and logistics recovery.600009H1 2024
- Net profit surged 34.53% in Q1 2025 on robust aviation and duty-free business growth.600009Q1 2025
- Net profit more than doubled on strong aviation recovery and record throughput in 2024.600009H2 2024
Next Shanghai International Airport earnings date
H2 202630 Apr, 2027
Shanghai International Airport
Next Shanghai International Airport earnings date
H2 202630 Apr, 2027
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