AviChina Reports Revenue Growth Amid Profit Decline

AviChina Industry & Technology Co Class H ( (AVIJF) ) has released its Q4 earnings. Here is a breakdown of the information AviChina Industry & Technology Co Class H presented to its investors.

AviChina Industry & Technology Co., Ltd., a joint stock company incorporated in China, specializes in the research, development, manufacture, and sale of aviation products, as well as the delivery of aviation engineering services. The company is a notable player in the aviation industry, listed on the Hong Kong Stock Exchange.

In its latest earnings report for the year ended December 31, 2024, AviChina Industry & Technology Co. reported a steady growth in revenue, reaching RMB 86,971 million, marking a 2.62% increase from the previous year. However, the net profit attributable to the owners of the parent company saw a decline of 10.63%, amounting to RMB 2,187 million.

Key financial highlights include a slight increase in revenue but a notable decrease in net profit. The company also announced a final dividend payment of RMB 0.081 per share, slightly lower than the previous year’s RMB 0.088 per share. The company’s total assets increased to RMB 202,044 million, while total liabilities stood at RMB 105,396 million.

Despite the decline in net profit, AviChina’s management remains optimistic about the company’s future, focusing on maintaining stable business development and exploring new growth opportunities in the aviation sector. The company continues to leverage its strong market position and technological capabilities to navigate the challenges ahead.