HONG KONG, April 26, 2018 /PRNewswire/ -- The Company's Form
20-F for the fiscal year ended December 31,
2017 has been filed with the U.S. Securities and Exchange
Commission ("SEC"), which can be accessed via the following
link:
https://www.sec.gov/Archives/edgar/data/1041668/000119312518134851/d478859d20f.htm
A hard copy of the Company's complete audited annual report will
be provided to any shareholder, free of charge, upon written
request addressed to Company Secretary Office, China Southern
Airlines Company Limited, at 278 Jichang Road, Guangzhou 510405 Guangdong Province,
the Peoples Republic of China.
General Information
During 2017, the Group recorded an operating revenue of
RMB127,806 million, the Group
recorded a net profit attributable to equity shareholders of the
Company of RMB5,961 million. Earnings
per share was RMB 0.60. The board of
the Company recommended the payment of a final dividend of
RMB0.1 (inclusive of applicable tax)
per share.
Looking forward to 2018, the Chairman of the Group, Mr.
Wang Chang Shun said, "The global
economy revival trend has been established gradually. China will improve its competitiveness via
economic structural reforms, and new growth kinesics will continue
to strengthen. With the implementation of the "the Belt and Road
Initiatives", coordinated development for the Beijing-Tianjin-Hebei
region and the establishment of Yangtze River economic zone, as
well as development of strategic areas like Xiong'an New Zone and
Guangdong-Hong Kong-Macao Bay
Area, China's domestic aviation
infrastructures will be improved gradually. In addition, the
further manifestation of benefits from reforms of state-owned
enterprises and in-depth integration of "Internet+" with aviation
transports will bring a strong momentum for the development of
China's civil aviation.
China's domestic aviation industry
will maintain a relatively rapid development pace in a certain
period. Meanwhile, we are also facing pickup of fuel price, speedup
of high-speed rail, possible interest rate hikes and many other
challenges. Facing opportunities and challenges, the Group will
resolutely create "Sunshine CSA", persist in seeking progress while
working to keep performance stable, continue to advance the
implementation of various strategies, and strengthen the safeguards
of personnel, mechanism, technology and many other aspects.
Furthermore, it will also, through quality, efficiency and momentum
reforms, strive to provide first-class safety quality, maintain
first-class profitability, build up first-class brand images and
start a new journey to construct the world first-class
airlines.
- Ends -
About China Southern Airlines Company Limited
Listed on Hong Kong Stock Exchange, New York Stock Exchange and
Shanghai Stock Exchange (respective stock code: 1055.HK, ZNH.N,
600029.SH) with headquarters based in Guangzhou, China Southern Airlines' company
logo can be seen around the globe with a brilliant red kapok
delicately adoring a blue vertical tail fin. The general strategic
goal of the Group is to establish itself into influential
international airlines with an extensive network; to form a
developed route network covering China, and the rest of Asia, and effectively connecting Europe, America, Australasia and Africa. Through close cooperation with members
from the SKYTEAM, the Group connected 1,062 destinations in 177
countries and regions. For further information, please visit the
Company website: http://www.csair.com. Contact Email of Investor
Relations: ir@csair.com
Safe Harbor and Informational Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "if," "will," "expect," and
similar statements. Forward-looking statements involve inherent
risks, uncertainties and assumptions. Further information regarding
these and other risks is included in the Company's filings with the
U.S. Securities and Exchange Commission. These forward-looking
statements reflect the Company's expectations as of the date of
this press release. You should not rely upon these forward-looking
statements as predictions of future events. The Company does not
undertake any obligation to update any forward-looking statement,
except as required under applicable law.
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SOURCE China Southern Airlines Corporation Limited