GUANGZHOU, China, April 27, 2017 /PRNewswire/ -- The Company's Form
20-F for the fiscal year ended December 31,
2016 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/1041668/000114420417022566/v463962_20f.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 2016, the Group recorded an
operating revenue of RMB114,981
million, the Group recorded a net profit attributable to
equity shareholders of the Company of RMB5,044 million. Earnings per share was
RMB 0.51. The board of the Company
recommended the payment of a final dividend of RMB1 (inclusive of applicable tax) per 10
shares.
Looking forward to 2017, the Chairman of the Group, Mr.
Wang Chang Shun said, "From the
global economy perspective, the economy of the world as a whole
shows a sluggish growth, Chinese economy will be able to maintain a
mid-to-high-speed growth under the new normal, and that will
continue to rank the forefront of the world's major economies in
terms of economic growth. Under the general principle of "Steady
Progress", the strategic concept of "Safety First" and the
strategic guideline of "Market Orientation", the Group will
endeavor to create a strategic layout of "Dual Hubs" of
Guangzhou-Beijing. From the industry perspective, under
the upgrade of consumption structure of citizens and the golden
development period of tourism industry in the golden period of
development, China's civil
aviation industry is still in the period with promising strategic
opportunities with vast market potential. Strategy comes first in
terms of corporate development, the Group will adhere firmly to the
strategic orientation of standardization, integration,
intellectualization and internationalization, the Group will deepen
the reform and keep on implementing its strategies to ensure
aviation safety and excellent performance. The Group is marching
forward to the goal of becoming a world first-class aviation
industry group with international competitiveness, striving to
offer returns to its shareholders and the society with better
performance.
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