eliminate enterprise losses meaning in English

扭转企业亏损

Through 41 years hard and persevering struggle and especially the fast development since 2001 , the company has successfully stepped into the period of great development from the eliminating enterprise losses , extricating difficult position and survival - seeking stage
经过四十一年的艰苦创业，特别是2001年以来的快速发展，公司已从扭亏脱困求生存阶段迈向改革创新大发展阶段。