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China Aerospace International Holdings Reports 2024 Financial Results

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China Aerospace International Holdings Reports 2024 Financial Results

Confident Investing Starts Here:

An update from China Aerospace International Holdings Limited ( (HK:0031) ) is now available.

China Aerospace International Holdings Limited has announced its audited financial results for the year ending December 31, 2024. The company reported a revenue increase to HK$3,841,472,000 from HK$3,450,954,000 in 2023, but faced a loss of HK$83,853,000, compared to a loss of HK$1,765,000 in the previous year. The results indicate challenges in cost management and investment property valuations, impacting the company’s profitability and shareholder returns.

More about China Aerospace International Holdings Limited

China Aerospace International Holdings Limited operates in the aerospace industry, focusing on providing aerospace-related products and services. The company is incorporated in Hong Kong and engages in various business activities through its subsidiaries.

YTD Price Performance: 16.67%

Average Trading Volume: 2,060,311

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.3B

For a thorough assessment of 0031 stock, go to TipRanks’ Stock Analysis page.

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