Aecc Aero Science and Technology Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 04:09 am
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Aecc Aero Science and Technology Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 957.407 million compared to CNY 1,133.853 million a year ago. Operating loss was CNY 51.092 million compared to CNY 10.497 million a year ago. Net loss was CNY 66.748 million compared to CNY 27.007 million a year ago. Basic loss per share from continuing operations was CNY 0.2 compared to CNY 0.08 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.
AECC AERO SCIENCE AND TECHNOLOGY CO.,LTD 
