The potential future market could be huge. As the economic transformation takes hold, there is excellent future opportunity. While the US markets is appealing based on returns in the last few years, it is at exactly this time that the wise investor looks away towards different countries to reduce overall portfolio risk. China Southern Airlines Company Limited provides commercial airline services throughout China, Southeast Asia and other parts of the World. Net income applicable to U.S. GAAP rose from RMB213.3 million to RMB887.4 million.
Revenues reflect passenger traffic growth and higher air fares.
Lower downside risk than US market. As stipulated in the Prospectus of the Company dated July 1997, the Company does not intend to declare a dividend for 1997. In 1997, the Group continued to focus its operations on the domestic Chinese market. Despite a backdrop of growing industry capacity and increasing competition throughout China, the Group was successful in maintaining its position as the dominant Chinese airline in terms of domestic Chinese market share. The Group operates the most extensive domestic route network among all Chinese airlines with 273 routes throughout China.