Air China (UK) (GB:AIRC) has released an update.
Air China Limited has reported a significant year-on-year revenue increase of 59.83% in its first quarterly report of 2024, although it experienced a net loss of RMB 1.674 billion for its shareholders. The company’s net cash flow from operating activities rose by 38.42%, indicating a substantial increase in operating income and controlled costs, which helped to reduce the overall loss from the previous year.
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