Morning Sun Airlines (300581.SZ) net profit attributable to the mother in the first three quarters fell by 57.02% year-on-year to 10.0862 million yuan

Chenxi Airlines (300581.SZ) released the third quarter report of 2021, and the company's operating income in the first three quarters was 142 million yuan, an increase of 19.28% year-on-year. The net profit attributable to the shareholders of the listed company was 10.0862 million yuan, a year-on-year decrease of 57.02%. Net profit attributable to shareholders of listed companies, net of non-recurring gains and losses, was RMB5.9574 million, down 26.65% year-on-year. Basic earnings per share were RMB0.0326.

The announcement shows that the decline in operating profit is mainly due to the increase in management expenses and sales expenses from the beginning of the year to the end of the reporting period compared with the same period of the previous year, and the other income decreased sharply compared with the same period of the previous year, thus making the operating profit decline significantly.