AVIC Xi'an Aircraft Industry Foresees Up to 25% Rise in 2024 Profit

MT Newswires Live

2025/01/23

AVIC Xi'an Aircraft Industry (SHE:000768) forecasts its attributable profit to rise 15% to 25% to between 990 million yuan and 1.08 billion yuan in 2024 from about 861 million yuan in 2023, according to a Thursday filing with the Shenzhen Stock Exchange.

Earnings per share are seen to increase to between 0.3571 yuan and 0.3882 yuan from 0.3105 yuan in the year-ago period.

The foreseen rise is attributable to cost controls and enhanced core functions, among other factors, the filing said.

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