China Southern Airlines' revenue for the first three quarters of 2025 is 137.6 billion yuan
On October 27, 2025, the third quarter report disclosed by China Southern Airlines outlined the business image of the industry's recovery period: in the first three quarters, it achieved a revenue of 137.665 billion yuan, a slight increase of 2.23% year-on-year; The net profit attributable to the parent company was 2.307 billion yuan, with a year-on-year increase of 17.40%, significantly outperforming the revenue growth rate. Behind this performance lies a distinct quarterly differentiation feature - in the first half of the year, the company was still in a slight loss state, with a net profit attributable to the parent company of -1.533 billion yuan, while in the third quarter, the single quarter revenue was 51.374 billion yuan (+3.01% year-on-year), and the net profit attributable to the parent company soared to 3.84 billion yuan, with a year-on-year growth rate further expanding to 20.26%, becoming the "ballast stone" for the full year profit.
The improvement of profitability is more valuable: in the first three quarters, the gross profit margin increased by 1.36 percentage points year-on-year to 11.70%, and the net profit margin increased by 0.17 percentage points simultaneously to 2.90%. In the third quarter, the gross profit margin exceeded 16.55%, and the net profit margin reached 9.40%, a significant increase of 10.48 percentage points compared to the second quarter, demonstrating strong profit elasticity during the peak summer season. The capital market responded positively to this, with the company's stock price rising by over 6% during trading after the release of the financial report, reflecting market recognition of its improved profitability.