Summary by Futu AI
China Airlines achieved an operating income of RMB1,411 billion in 2023, but a net loss of RMB10.38 billion to shareholders. The company decided not to make a profit distribution in 2023. The annual results showed that revenues grew significantly compared to the previous year, but still faced operating pressure. The Company completed its holding in the Yamanao Group in 2023, increasing its shareholding to 66%. In the future, the company will continue to drive the digital transformation of services and actively respond to competitive pressures in the aviation market.