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AVIC: Reports Net Profit Of RMB10.9 Million In 1Q2019.

15 May 2019 18:06

Revenue decreased by 5% year-on-year to RMB133.9 million in 1Q2019 due to absence of shipbuilding construction revenue, while shipbuilding project financing and management, and ship design service generated higher revenue compared to a year ago, AVIC Maritime's related shipyards, AVIC Dingheng and AVIC Weihai, continued to build up their order books for niche products, which include small-medium size, dual-fuel chemical tankers and Ropax vessels. Deltamarin grew its order book in 1Q2019 and extended its track record in the design of high-tech, green vessels...

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Source: ShareInvestor Express