Avica Aircraft reports steady growth, outlines future plans

AVICA Aircraft (SZSE:000768) has released its 2024 annual report, highlighting steady financial growth and providing a detailed outlook for the company's future. The company achieved CNY 432.16 billion in revenue, a 7.23% increase year-over-year, with net profits attributable to shareholders reaching CNY 1.023 billion, a gain of 18.87%. Looking ahead, AVICA Aircraft has set a revenue target of CNY 449.88 billion for 2025, focusing on both military and civil aviation sectors and targeting high-quality, sustainable growth through a commitment to continued investment in research and development. In line with these goals, expenses for 2025 are projected to total CNY 176.87 billion, with investment income estimated at CNY 4.158 billion.