Taipei (XFN-ASIA) - China Airlines (2610.TW) said it expects
to register a "marginal loss" for the first half to June.
"That is all I can say right now," company spokesman Johnson Sun said. "Audited results will not become available until toward the end of the month."
He was responding to a story in the United Evening News that the carrier is expected to report a first-half loss of less than 100 mln twd.
In the first quarter to March, the company recorded a net loss of 805.83 mln twd, reversing a profit of 385.18 mln in the year-earlier period.
In today's trade, China Airlines closed down 0.60 twd at 13.00.
Want more analysis like this? CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find out more and take a free trial.