China Eastern Airlines Corporation Limited Posted 39.9 Billion Yuan Net Loss in 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 39.9 billion yuan in 2022, widening 200.4% year-on-year.

Meanwhile, the company posted 46.1 billion yuan in revenue, down 31.3% year-on-year.

At the end of the reporting period, it had 285.7 billion yuan in total assets and 255.6 billion yuan in total liabilities, with a liability-to-asset ratio of 89.5%.