Summary by Moomoo AI
China East Air released its performance forecast for the first half of 2024, expecting a net loss of approximately RMB 2.4 billion to 2.9 billion, and a net loss of approximately RMB 2.7 billion to 3.2 billion after deducting non-recurring gains and losses. The forecast covers the period from January 1 to June 30, 2024. Compared with the same period last year, the company's losses have decreased. The net loss in the first half of 2023 was RMB 6.249 billion. The company stated that the improvement in performance was mainly due to the global economic recovery and domestic economic rebound, increased demand for air travel, and the company's active optimization of its route network and service quality. However, due to factors such as incomplete recovery of some...Show More