May 06, 2022 08:00 AM

Shanghai International Airport Co.,Ltd. Posted 491 Million Yuan Net Loss in First Quarter of 2022

By Caixin Automation

Shanghai International Airport Co.,Ltd. (上海国际机场股份有限公司) (600009.SH) reported a net loss of 491 million yuan in the first quarter of 2022, widening 16.7% year-on-year.

Meanwhile, the company posted 840.9 million yuan in revenue, down 2.9% year-on-year.

At the end of the reporting period, it had 49 billion yuan in total assets and 21.8 billion yuan in total liabilities, with a liability-to-asset ratio of 44.5%.

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