sector: Cyclical Consumer Goods & Services ·
industry: Auto & Truck Manufacturers ·
AviChina Industry & Technology Co Limited, along with its subsidiaries, is engaged in the development, manufacture, sales and upgrade of aviation products, such as helicopters, trainers, general purpose aircraft and regional jets for domestic and overseas customers; the co-development and manufacture of helicopters with foreign helicopter manufacturers, and the development, manufacture and sales of mini-sized vehicles, economy sedans and automobile engines. Its aviation products includes the Z-8, Z-9, Z-11 and HC-I20 series helicopters; K-8 series and CJ-6 trainers; Y-12 series multi-purpose aeroplanes and the N-5 series agricultural aeroplanes; EC-120 helicopters; CA109 helicopters, and ERJ-145 series regional jets. Its automobile products include Hafei series and Changhe series mini-sized vehicles; low-emission economy sedans, such as Lobo, Beidouxing, Saima and Ideal; sedans, such as Saibao and Liana, and Dongan series auto engines; 4G1 and 4G9 series auto engines, and K14B engines.
BRIEF: For the six months ended 30 June 2009, AviChina Industry & Technology Co. Ltd.'s revenues decreased 12% to RMB7.88B. Net income totaled RMB6.8M vs. a loss of RMB300.7M. Revenues reflect decreased income from aviation business segment. Net income reflects increased finance income, decreased finance cost and decreased tax expenses. The company is engaged in the development, manufacture, sales and upgrade of aviation products.
AviChina Industry & Technology Company Limited
Unit B, 15/F, United Center
Queensway 95
P: +8610.64094837
F: +8610.64094836