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The Transport & Logistics sector reporters start to scrutinize the fourth quarter of 2020 performance. Presently those reporters observe operating deficit of $-621.509 millions, from the Avianca Holdings S A , as it has not mentioned any revenue so far, for the respective October to December 31 2020 financial reporting period.
The operating deficit has depleted from $-554.281 millions, from the fourth quarter of 2019. But more importantly, the market observers are speculating, when the AVHs' will begin to have the revenue.
The main take away from fourth quarter of 2020, additionally to the absence of revenue, was a $-1,094.135 millions shortfall, as it has intensified significantly from $-893.995 millions, relative to the comparable period a year ago.
the Transport & Logistics company announced loss of $-1,094.14 millions and Revenues of $0.00 millions in the fiscal period 2020.
Net loss per share has widen to $-1.09 from $-0.92 in previous fiscal year, while by 0 % from $0.00 millions a year prior.