STOCKS | Juneyao Air Reports First-Half Net Profit of 150 Million Yuan, Down 70.27%

According to Jin10, Juneyao Air disclosed its half-year report on August 30, saying first-half revenue rose 9.16% year on year to 12.081 billion yuan, net profit attributable to shareholders of the listed company fell 70.27% to 150 million yuan, and basic earnings per share were 0.07 yuan. The company said its performance was mainly affected by a sharp year-on-year increase in jet fuel prices caused by changes in the international energy market, which pushed up core operating costs and put pressure on total profit, net profit attributable to shareholders of the listed company, and net profit excluding non-recurring items.