Financial Round Up
Xi’an Aircraft Intl Corp reports loss for first-half 2014
August 26th 2014
Xi’an Aircraft International Corporation, the manufacturer of the MA60 and MA600 aircraft, has reported a net loss of CNY148.1 million (US$24.1 million) for the first of the year, compared to a profit of CNY64 million in the same period last year. Read More »
Revenue dropped 11% year-on-year to CNY7.037 billion (US$1.15 billion).
As this issue went to press, the Chinese manufacturer had accumulated 209 orders for the MA60 and MA600 aircraft (including 53 options) and completed delivery of 92 aircraft to 25 customers in 18 countries.
