Eastern Air Logistics Co.,Ltd.’s Net Profit Dropped 41.4% in First Half of 2023

Eastern Air Logistics Co.,Ltd. (东方航空物流股份有限公司) (601156.SH) reported a net profit of 1.5 billion yuan in the first half of 2023, down 41.4% year-on-year.

Meanwhile, the company posted 9.4 billion yuan in revenue, down 19.2% year-on-year.

At the end of the reporting period, it had 27.4 billion yuan in total assets and 11.9 billion yuan in total liabilities, with a liability-to-asset ratio of 43.2%.