China Express Airlines Co.,LTD reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 1,044.67 million compared to CNY 599.78 million a year ago. Revenue was CNY 1,044.67 million compared to CNY 599.78 million a year ago.
Net loss was CNY 275.86 million compared to CNY 455.69 million a year ago. Basic loss per share from continuing operations was CNY 0.2166 compared to CNY 0.4517 a year ago.
China Express Airlines Co., LTD is a China-based company which is mainly engaged in air transport business. The Company is principally engaged in air passenger transport, air cargo and other air transport operations. The Company is also engaged in regional aviation network expansion and navigation. The Company focused on the regional aviation business, in Guiyang, Chongqing, Dalian, Inner Mongolia, Xi'an established operating base. The Company's aircraft models include Bombardier CRJ900NG and Airbus A320.
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