Shanghai International Airport Co.,Ltd. Posted 57.3 Million Yuan Net Loss in First Quarter of 2023

Shanghai International Airport Co.,Ltd. (上海国际机场股份有限公司) (600009.SH) reported a net loss of 57.3 million yuan in the first quarter of 2023, narrowing 87.3% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, up 18.8% year-on-year.

At the end of the reporting period, it had 70.5 billion yuan in total assets and 29.5 billion yuan in total liabilities, with a liability-to-asset ratio of 41.8%.