Hainan Airlines Holding(600221)2025-01-27 15:40Financial Performance Expectations - The company expects a net loss attributable to shareholders of between 850 million and 1.25 billion yuan for the year 2024, indicating a significant decline compared to the previous year[5]. - The projected net loss after excluding non-recurring items is estimated to be between 1.75 billion and 2.26 billion yuan for 2024[5]. - The previous year's net profit attributable to shareholders was 310.85 million yuan, with a net loss of 406.82 million yuan after excluding non-recurring items[8]. Reasons for Anticipated Losses - The main reasons for the anticipated losses include incomplete recovery of international routes, intensified domestic competition, high oil prices, and significant foreign exchange losses[10]. Operational Developments - The company has been expanding capacity and improving its route network, leading to steady growth in operational data compared to the previous year[10]. Cautionary Notes - The company emphasizes that the projected figures are preliminary estimates and have not been audited[11]. - The company warns investors to be cautious as the final audited financial data will be disclosed in the 2024 annual report[12].