AVIC Aircraft Co Ltd operates in the Aircraft sector.
In addition to historical fundamental analyses, the complete report available to purchase compares AVIC Aircraft Co Ltd with three other
aircraft manufacturers in Asia:
Hindustan Aeronautics Ltd
of INDIA
(2019
sales of 198.94 billion Indian Rupees [US$2.63 billion]
of which 100%
was Aerospace),
Korea Aerospace Industries Limited
of KOREA (SOUTH)
(3.11 trillion Korean Won [US$2.54 billion]
of which 56%
was Military Business), and
AviChina Industry & Technology Company Ltd
which is
based in HONG KONG
(47.82 billion Hong Kong Dollars [US$6.17 billion]
of which 50%
was Aviation parts and components).
Sales Analysis.
AVIC Aircraft Co Ltd reported sales of 34.30 billion Chinese Renmimbi (US$4.81 billion)
for the
year ending
December of 2019.
This
represents
an
increase of 2.5%
versus 2018, when the company's sales were 33.47 billion Chinese Renmimbi.
Sales at AVIC Aircraft Co Ltd have increased during each of the previous five years
(and since 2014, sales have increased a total of 62%).
Sales of South Central saw an increase
that was more than double the company's growth rate: sales were up
11.7% in 2019, from
1.25 billion Chinese Renmimbi to 1.40 billion Chinese Renmimbi.
AVIC Aircraft Co Ltd also saw significant increases in sales in
Southwest (up 5.2% to 185.90 million Chinese Renmimbi)
and
North China (up 4.6% to 74.84 million Chinese Renmimbi)
.