Hainan Airport Infrastructure (600515) Q3 2025 earnings summary

Executive summary

• Revenue for the first nine months reached ¥3.28 billion, up 6.09% year-over-year.

• Net profit attributable to shareholders was ¥64.35 million, down 69.77% year-over-year.

• Third quarter saw a net loss of ¥63.28 million attributable to shareholders.

Financial highlights

• Operating income for Q3 was ¥969.85 million, a 15.28% increase compared to the same quarter last year.

• Total profit for the first nine months was ¥152.19 million, down 33.20% year-over-year.

• Net cash flow from operating activities for the first nine months was -¥240.66 million, a significant decline from the previous year.

• Basic and diluted EPS for the first nine months were both ¥0.0056, down 69.88% year-over-year.

Outlook and guidance

• Profitability was impacted by lower gross margins in real estate projects and the absence of one-time interest income recognized last year.