Aug 31, 2021 08:00 AM

China Southern Airlines Company Limited Posted 4 Billion Yuan Net Loss in First Half of 2021

China Southern Airlines Company Limited (中国南方航空股份有限公司) (600029.SH) reported a net loss of 4 billion yuan in the first half of 2021, narrowing 58.2% year-on-year.

Meanwhile, the company posted 51.6 billion yuan in revenue, up 32.4% year-on-year.

At the end of the reporting period, it had 326.8 billion yuan in total assets and 234.8 billion yuan in total liabilities, with a liability-to-asset ratio of 71.8%.

This article was automatically produced by Caixin Automation on Sept. 1, 2021.

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