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Guizhou Aviation Technical Development (SHSE:688239) Could Be Struggling To Allocate Capital
Aerospace Technology: Aerospace Technology 2024 Annual Performance Report Announcement
Aerospace Technology (688239.SH): Net income of 0.189 billion yuan in 2024, a year-on-year increase of 1.63%.
On February 25, Gu Longhui reported that Hangyu Technology (688239.SH) released its performance forecast for 2024. During the reporting period, the company's domestic main business revenue was 924.2953 million yuan, down 33.99% year-on-year, affected by the adjustment of delivery schedules from some domestic clients; due to the growth in international business demand, the overseas main business revenue was 762.8577 million yuan, an increase of 25.03% year-on-year; the total annual revenue was 1805.3897 million yuan, a decrease of 14.19% year-on-year; and the net income attributable to the parent company's owners was 188.6095 million yuan, year-on-year.
Guizhou Aviation Technical Development Signs $65 Million Aircraft Engine Forgings Supply Deal
Investors Aren't Entirely Convinced By Guizhou Aviation Technical Development Co., Ltd's (SHSE:688239) Earnings
Minsheng Securities: AIDC drives the demand for Electrical Utilities, and gas turbine Orders are abundant.
According to Takao Tsukui, an executive at Mitsubishi Power, a leading global gas turbine company, it is predicted that compared to the annual average sales of about 40GW of gas turbines from 2021 to 2023, the AIDC will drive annual Order growth by 50% to around 60GW from 2024 to 2026.