SHA:600372

2 stories mentioning SHA:600372Updated just now

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AVIC Airborne Systems' Attributable Profit Slips 5% in H1

AVIC Airborne Systems' (SHA:600372) attributable profit fell 5.3% to 606.9 million yuan in the first half from 640.6 million yuan, after adjustments, in the year-ago period, according to a Thursday filing with the Shanghai Stock Exchange.Earnings per share at the aviation products maker decreased to 0.1260 yuan from 0.1324 yuan in the prior-year period.Operating revenue declined 1.9% year over year to about 11 billion yuan from 11.2 billion yuan.

SHA:600372

Asia58d ago

AVIC Airborne Systems Completes Purchase of Investment Fund Stake; Shares Up 3%

AVIC Airborne Systems (SHA:600372) finalized its acquisition of a 59.18% stake in Hangtou Yuhua, an avionics industry investment fund, from AVIC Aviation Investment.Hangtou Yuhua recently completed the industrial and commercial registration changes and secured a new business license.AVIC Airborne Systems now holds 290.0 million yuan in partnership interests.Shares of the aircraft systems distributor rose 3% in recent trade.

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