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AVIC Avionics (02357.HK) Subsidiary AVIC Optoelectronics (002179.SZ) 1Q Net Profit RMB398 million, Down 37.8% YoY
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AVIC Avionics (02357.HK) announced that its subsidiary AVIC Optoelectronics (002179.SZ) released its first-quarter report. Operating revenue reached RMB4.872 billion, up 0.7% YoY. Net profit attributable to shareholders amounted to RMB398 million, down 37.8% YoY, mainly due to increased expenses and a lower revenue contribution from the defense segment, leading to a decline in total profit. EPS was RMB0.1901. (de/d) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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