Juneyao Airlines Co.,Ltd. Posted 485.5 Million Yuan Net Loss in 2020

Juneyao Airlines Co.,Ltd. (603885.SH) reported a net loss of 485.5 million yuan in 2020, reversing a net profit of 1 billion yuan for the previous year.

Meanwhile, the company posted 10.1 billion yuan in revenue, down 39.7% year-on-year.

At the end of the reporting period, it had 32.3 billion yuan in total assets and 21.4 billion yuan in total liabilities, with a liability-to-asset ratio of 66.3%.

This article was automatically produced by Caixin Automation on April 22, 2021.

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