Asia
AECC Aviation Power's Q1 Profit Drops 66%, Revenue Rises 15%
AECC Aviation Power's (SHA:600893) net profit attributable to shareholders in the first quarter dropped 66% year on year to 2.6 million yuan from 7.5 million yuan, according to a Shanghai bourse filing on Tuesday.Earnings per share fell to 0.0010 yuan from 0.0028 yuan.Operating income, however, rose 15% year on year to 7.08 billion yuan from 6.16 billion yuan, the aerospace product distributor said.
SHA:600893
