Aecc Aero Science and Technology Co.,Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 3,456.17 million compared to CNY 2,687.79 million a year ago. Revenue was CNY 3,504.52 million compared to CNY 2,721.06 million a year ago. Net income was CNY 21.29 million compared to net loss of CNY 16.03 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to basic loss per share from continuing operations of CNY 0.05 a year ago. Diluted earnings per share from continuing operations was CNY 0.06 compared to diluted loss per share from continuing operations of CNY 0.05 a year ago.
AECC Aero Science and Technology Co Ltd is a China-based company principally engaged in the research and development, manufacturing, sales and service of aircraft engine and gas turbine parts. The Company's main businesses include domestic aviation and derivative products business segment and foreign trade subcontract products business segment. The Company is also engaged in the research and development, manufacturing, sales and service of aviation bearings, including aircraft engine bearings, helicopter transmission system bearings, aircraft body bearings and accessory bearings (motors, pumps and others). The Company distributes its products within the domestic market and to overseas markets.
