China Eastern Airlines Corporation Limited Posted 29.9 Billion Yuan Net Loss in First Three Quarters 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 29.9 billion yuan in the first three quarters of 2022, widening 248.9% year-on-year.

Meanwhile, the company posted 35.9 billion yuan in revenue, down 31.7% year-on-year.

At the end of the reporting period, it had 288.1 billion yuan in total assets and 263 billion yuan in total liabilities, with a liability-to-asset ratio of 91.3%.