AVIC Shengyang Aircraft: Net profit for first 3 quarters of 2020 up 87.19% YoY

NBD AI Bulletin -- AVIC Shengyang Aircraft Company Limited (the Company, SH 600760, closing price: 56.48 yuan) released its Q3 earnings report on October 29. For the first three quarters of 2020, revenue comes in at about 18.91 billion yuan, an increase of 19.01% year on year; Net profit stands at about 1.161 billion yuan, an increase of 87.19% year on year; Basic earnings per share is 0.83 yuan, an increase of 88.64% year on year. 

According to the 2019 annual report, AVIC Shengyang Aircraft Company Limited mainly engages in aviation manufacturing, other, accounting for 98.29% and 0.73% of its revenue, respectively.

AVIC Shengyang Aircraft Company Limited's chairman is Qian Xuesong, male, 41 years old, with a master's degree, senior engineer. The Company's general manager is Xing Yixin, male, 49 years old, with a master's degree, senior engineer.

Tips on "Stock Trends":

1. The number of shares held by northbound investors decreased by 2.6557 million in the past 30 days, representing 0.66% of the Company's circulating shares. 

2. There was no institutional research on the Company in the past 30 days. 

(By Tan Yuhan)

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