Summary by Moomoo AI
CHINA ORIENTAL AIRLINES CO., LTD. ANNOUNCED ITS 2023 RESULTS FORECAST THAT NET LOSS ATTRIBUTABLE TO SHAREHOLDERS OF LISTED COMPANIES WILL REACH RMB68 BILLION TO RMB83 BILLION IN 2023, EXCLUDING A NET LOSS AFTER NON-RECURRING INCOME OF RMB75 BILLION TO $89 BILLION. The forecast data has not been audited by a registered accountant. Compared to 2022, the company's net loss for the year was RMB373.86 billion, and the basic loss per share was RMB1.98. The company noted that while the global airline industry is recovering, the international passenger market remains challenging and is affected by factors such as licensing restrictions, visa policies, and lack of security resources. The company stressed that despite the improvement in operating results in 2023, there will still be a loss. The Company further states that there are no significant uncertainties affecting the accuracy of the results forecast and reminds investors to be aware of investment risks.