Air China (753) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 was RMB 49,068.8 million, up 0.90% year-over-year; year-to-date revenue reached RMB 129,826.2 million, up 1.31% year-over-year.

• Net profit attributable to shareholders for Q3 was RMB 3,675.5 million, down 11.31% year-over-year; year-to-date net profit was RMB 1,869.8 million, up 37.31% year-over-year.

• Net profit after deducting non-recurring items for the year-to-date period surged 279.95% year-over-year to RMB 1,644.0 million.

Financial highlights

• Total assets as of 30 September 2025 were RMB 349,363.3 million, up 1.04% from year-end 2024.

• Owners' equity attributable to shareholders increased to RMB 46,350.8 million, up 2.67% from year-end 2024.

• Net cash flows from operating activities for the first three quarters were RMB 34,076.8 million, up 10.85% year-over-year.

• Basic and diluted EPS for Q3 were RMB 0.22, down 15.38% year-over-year; year-to-date EPS was RMB 0.11, up 22.22% year-over-year.

Outlook and guidance

• Profit growth attributed to increased revenue and strengthened cost control measures.