AVICHINA (02357): AVICOPTER PLC (600038.SH) recorded a first quarter non-GAAP net profit of approximately 15.24 million yuan, a decrease of 92.01% year-on-year.
AVIC Aircraft (02357) released the performance of AVIC Aircraft Industry (600038.SH) for the first quarter of 2026. The operating income was approximately 2.373 billion yuan, a decrease of 0.12% year-on-year. The net profit attributable to the shareholders of the listed company was approximately 37.8537 million yuan, a decrease of 81.26% year-on-year. The non-recurring net profit was approximately 15.2485 million yuan, a decrease of 92.01% year-on-year. The basic earnings per share was 0.0462 yuan.
AVICHINA (02357) releases the performance of AVICOPTER PLC (600038.SH) in the first quarter of 2026, with operating income of approximately 2.373 billion yuan, a year-on-year decrease of 0.12%; net profit attributable to shareholders of the listed company is approximately 37.8537 million yuan, a year-on-year decrease of 81.26%; non-GAAP net profit is approximately 15.2485 million yuan, a year-on-year decrease of 92.01%; basic earnings per share is 0.0462 yuan.
The announcement stated that the main reason for the decrease in profits was the adjustment of the value-added tax deduction and tax incentive policies, resulting in a decrease in government subsidies compared to the same period last year.
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