Guangzhou Baiyun International Airport Company Limited Posted 77.1 Million Yuan Net Loss in First Quarter of 2022

Guangzhou Baiyun International Airport Company Limited (广州白云国际机场股份有限公司) (600004.SH) reported a net loss of 77.1 million yuan in the first quarter of 2022, narrowing 49.5% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 4.5% year-on-year.

At the end of the reporting period, it had 27.3 billion yuan in total assets and 8.7 billion yuan in total liabilities, with a liability-to-asset ratio of 32%.