China Eastern Airlines Corporation Limited Posted 20 Billion Yuan Net Loss in First Half 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 20 billion yuan in the first half of 2022, widening 270% year-on-year.

Meanwhile, the company posted 19.4 billion yuan in revenue, down 44.2% year-on-year.

At the end of the reporting period, it had 290 billion yuan in total assets and 255 billion yuan in total liabilities, with a liability-to-asset ratio of 87.9%.