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Avic Heavy Machinery's earnings decline amid restructuring, new share offer

April 3, 2025 at 05:16 PM UTCBy FilingReader AI

Avic Heavy Machinery (SSE:600765) announced a decline in net profit, new share offerings, and revisions to related financial metrics in its 2024 Annual Report. Revenue fell 10.55% to CNY10.355 billion, and net profit attributable to shareholders declined by 52.19% to CNY639.730 million, primarily caused by price adjustments with key clients.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:600765Shanghai Stock Exchange

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