Avic Aviation High-Technology Sees Over 5% Rise in Q3 Profit; Shares Up 9%

MT Newswires Live

2024/10/21

Avic Aviation High-Technology (SHA:600862) posted a 5.3% year-over-year rise to 308.4 million yuan, or 0.220 yuan per share, in third-quarter net profit attributable to shareholders.

The new aviation materials manufacturer's revenue rose 5.3% to 1.27 billion yuan, according to an Oct. 18 filing with the Shanghai bourse.

Avic Aviation High-Technology shares rose 9% in recent trade.

Price (RMB): ¥24.54, Change: ¥+2.0, Percent Change: +8.78%

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