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6-Jan-2011 11:33 AM

AVIC profits up 15% in 2010

Aviation Industry Corporation of China (AVIC) Deputy General Manager Gu Huizhong stated (31-Dec-2010) the manufacturer expects to report the following financial targets for the full year 2010:

  • Revenue: USD31.1 billion, +20% year-on-year;
    • AVIC International Holdings Corp: USD9.1 billion, +50%;
  • Profit: USD1.6 billion, +15%;
    • AVIC International Holdings Corp: USD303 million, n/a.

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