Nov 02, 2021 08:00 AM

China Southern Airlines Company Limited Posted 5.1 Billion Yuan Net Loss in First Three Quarters 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 5.1 billion yuan in the first three quarters of 2021, narrowing 40.3% year-on-year.

Meanwhile, the company posted 78.5 billion yuan in revenue, up 20.1% year-on-year.

At the end of the reporting period, it had 323.6 billion yuan in total assets and 232.7 billion yuan in total liabilities, with a liability-to-asset ratio of 71.9%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

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