SEHK:2357Aerospace & Defense
AviChina Industry & Technology (SEHK:2357) Reports Mixed Half Year Results, Is The Valuation Too Rich?
AviChina Industry & Technology (SEHK:2357) just packed two big updates into one week. Half year results showed higher sales but lower profit, while renewed connected transactions reshaped how the group will trade with its major affiliates.
Those announcements landed against a tricky backdrop for AviChina Industry & Technology. The share price is HK$3.02 after a 1-day share price return of 1.17% and a 7-day share price return of 4.50%. However, the year-to-date share price return has fallen...