Securities code: 603885 securities abbreviation: Juneyao Airlines Co.Ltd(603885) Announcement No.: pro 2022-003 Juneyao Airlines Co.Ltd(603885)
Announcement of annual performance loss in 2021
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents. Important content tips:
1. Juneyao Airlines Co.Ltd(603885) (hereinafter referred to as “the company”) estimates that the net profit attributable to the shareholders of the listed company in 2021 will be about – 420 million yuan to – 330 million yuan.
2. After deducting the non recurring profit and loss, the net profit attributable to the shareholders of the listed company is expected to be about – 550 million yuan to – 470 million yuan.
1、 Performance forecast of the current period
(I) performance forecast period
January 1, 2021 to December 31, 2021
(II) performance forecast
1. According to the preliminary calculation of the financial department, it is expected that the net profit attributable to the shareholders of the listed company will suffer a loss in 2021, and the net profit attributable to the shareholders of the listed company will be about – 420 million yuan to – 330 million yuan.
2. It is estimated that the net profit attributable to shareholders of listed companies after deducting non recurring profits and losses in 2021 will be about – 550 million yuan to – 470 million yuan.
(III) this performance forecast is the preliminary calculation of the company and has not been audited by certified public accountants.
2、 Performance in the same period of last year
(I) net profit attributable to shareholders of the listed company: – 473783500 yuan.
Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses: – 670968700 yuan.
(II) earnings per share: – 0.24 yuan / share.
3、 Main reasons for performance loss in advance in the current period
The aviation industry was still affected by the epidemic in 2021. In February 2021, the company quickly responded to the call of “local Chinese New Year” during the national epidemic. In that month, the company’s investment in China’s passenger transport capacity (calculated by available seat kilometers) decreased by 22.16% month on month compared with the previous month, and China’s passenger transport volume (calculated by revenue passenger kilometers) decreased by 19.53% month on month. From March to mid to late July, there was no outbreak of the epidemic in China, and the demand for tourism and business travel in China increased rapidly. In terms of international routes, the company strictly implements the “five ones” policy, that is, only one route from any airline company in China to any country can be reserved, and only one flight can be arranged a week; Any foreign airline company can only keep one route to China, and can only arrange one flight a week. The company achieved a single quarter profit in the second quarter and turned losses into profits in the first half of the year.
However, since the end of July, multiple sporadic cases and locally aggregated outbreaks have occurred in many places across the country and have continued to this day. At the same time, the number of imported cases has been increasing. The company takes Shanghai and Nanjing as its main operation bases. Due to the “star belt” in Shanghai, Nanjing and other surrounding areas for many times, it has seriously affected the willingness of passengers to travel, resulting in large losses in the operating performance of the company in the second half of the year and the whole year.
4、 Risk tips
The company has no major uncertain factors that may affect the accuracy of the performance forecast.
5、 Other explanatory matters
The above forecast data are only preliminary accounting data. The specific and accurate financial data shall be subject to the audited 2021 annual report officially disclosed by the company. Please pay attention to the investment risks.
It is hereby announced.
Juneyao Airlines Co.Ltd(603885) board of directors January 29, 2022
