China Eastern Airlines Corporation Limited Posted 8.3 Billion Yuan Net Loss in First Quarter of 2022

China Eastern Airlines Corporation Limited (中国东方航空股份有限公司) (600115.SH) reported a net loss of 8.3 billion yuan in the first quarter of 2022, widening 101% year-on-year.

Meanwhile, the company posted 12.7 billion yuan in revenue, down 5.4% year-on-year.

At the end of the reporting period, it had 283.8 billion yuan in total assets and 237.1 billion yuan in total liabilities, with a liability-to-asset ratio of 83.6%.