SHA:600893

3 stories mentioning SHA:600893Updated 29d ago

Every FINWIRES story that references SHA:600893, newest first.

AECC's H1 Profit to Jump by Up to 69%; Shares Up 4%

AECC Aviation Power (SHA:600893) expects its net profit attributable to owners for the first half to jump by between 53% and 69% to a range of 140 million yuan and 155 million yuan, according to a Shanghai bourse filing on Wednesday.The attributable profit a year earlier was 91.8 million yuan, or 0.03 yuan per share.The expected profitability is attributed to the growth in operating revenue.The Chinese aerospace product distributor's shares jumped 4% during the afternoon trade.

SHA:600893

Asia50d ago

AECC Aviation Power Unit to Invest Up to 2 Billion Yuan in Structured Deposits; Shares Down 3%

AECC Aviation Power (SHA:600893) subsidiary Tonghang Power will use up to 2 billion yuan in idle self-owned funds to purchase structured deposits from major state-owned or national joint-stock commercial banks.The investment, carrying a principal-guaranteed floating return, offers expected returns of between 14 million yuan and 20 million yuan and runs through Dec. 31, according to a Wednesday filing on the Shanghai bourse.Shares of the aerospace product distributor slid 3% in recent trade.

SHA:600893

Asia107d ago

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.

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