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Downstream demand adjustments affect profits. Aviation materials company plans to optimize product structure. Titanium alloy intermediate cases are already in mass production. | Earnings conference insights.
①Ye Zhongming introduced that the fastest growing business sector in the company is basic materials, will actively respond to changes in market demand, and ensure the completion of the annual operation tasks; ②Yang Hui stated that in the international aerospace field, the company's titanium alloy intermediate products such as casings have been mass-produced in the civil aviation field, generating revenue, with revenue exceeding 0.1 billion yuan in the first three quarters.
Hangcai Shares (688563): Slight increase in revenue in the first three quarters, bullish on the company's long-term growth
Aviation Materials Corporation released the third quarter report: in Q3, achieved revenue of 0.687 billion yuan (yoy-21.68%, qoq-17.37%), net profit attributable to equity holders of the parent company 0.125 billion yuan (yoy-39.69%, qoq-23.37%).
Aviation Materials Co., Ltd. (688563): 3Q24 performance under pressure, gross margin increases compared to last quarter.
The company released the "Third Quarter Report of 2024", achieving revenue of 2.196 billion in the first three quarters, a year-on-year increase of 0.06%; achieving a net income attributable to the mother of 0.436 billion, a year-on-year decrease of 13.31%. Revenue for the third quarter of 24Q3.
Third Quarter Report 2024
Hangcai Shares (688563.SH) released its performance for the first three quarters, with a net income of 0.436 billion yuan, a year-on-year decrease of 13.31%.
Aviation Materials Co., Ltd. (688563.SH) disclosed its third quarter report for 2024, achieving operating income in the first three quarters...
Express News | AVIC Aircraft: Director Zheng Chengzhe, the independent director of the company, resigned due to work adjustment reasons.
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