SHE:302132

2 stories mentioning SHE:302132Updated 2h ago

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AVIC Chengdu Aircraft Sets Validity for Service Agreements with Parent Through End-2028

AVIC Chengdu Aircraft (SHE:302132) set the validity for its goods supply and comprehensive service agreements with parent Aviation Industry Corp. of China (AVIC) until Dec. 31, 2028, according to a Monday filing with the Shenzhen bourse.AVIC will provide technical and processing services, equipment maintenance, and power and gas supply, among other services, to its listed subsidiary.In turn, AVIC Chengdu will provide its parent information, technology, management, and other consulting services, inspection and testing, general aviation airport services, among other services.Transactions between the two parties have reached 7.09 billion yuan as of June 30.

SHE:302132

Asia7h ago

AVIC Chengdu Aircraft's Attributable Profit Declines 22% in H1

AVIC Chengdu Aircraft's (SHE:302132) attributable profit fell 22% to 709.1 million yuan in the first half from 912.8 million yuan in the year-ago period, according to a Monday filing with the Shenzhen Stock Exchange.Earnings per share at the aviation equipment maker decreased to 0.2654 yuan from 0.3416 yuan in the prior-year period.Operating revenue declined 27% year over year to 15.2 billion yuan from 20.7 billion yuan.

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