05-Aug-2009 12:40 PM
HAECO up despite sour outlook, EADS down, Boeing up – Supplier Share Wrap
Analysis
Hong Kong Aircraft Engineering Co (HAECO) reported a 13.3% fall in revenue during 1H2009, and a 46.3% drop in operating profit. According to HAECO, the result "reflects increasingly difficult trading conditions for HAECO's businesses as airlines cut capacity and expenditure in response to falling demand".
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