China Aviation Technology & Engineering (02357) announced interim results, with net profit of 823 million yuan to mother, a year-on-year decrease of 20.1%

According to the Zhitong Finance App, China Aviation Technology (02357) announced the 2026 interim results, with total operating revenue of 37.812 billion yuan, up 0.9% year on year; net profit attributable to owners of the parent company was 823 million yuan, down 20.1% year on year; basic earnings per share were 0.103 yuan.

During the period, the Group's aviation component revenue was RMB 8.840 billion, down 14.50% from the same period last year. The main reason was the year-on-year decrease in sales of helicopter products in the current period; revenue from the aviation engine segment accounted for 23.38% of the Group's total revenue. The Group's aviation supporting systems and related business segment revenue was RMB 24.06 billion, an increase of 6.54% over the same period last year; revenue from the aviation supporting systems and related business segment accounted for 63.63% of the Group's total revenue. The revenue of the Group's Aeronautical Engineering Services segment was RMB 4.911 billion, up 8.10% over the same period last year. The main reason was the increase in engineering construction revenue in the current period; the revenue from the Aeronautical Engineering Services segment accounted for 12.99% of the Group's total revenue.

During this period, the Group's aviation component segment's segmented profit was RMB 226 million, a decrease of RMB 213 million from the segment profit of RMB 439 million in the same period last year, a decrease of RMB 48.52%, mainly due to a decline in the revenue from the value-added tax credit policy in the current period; the segment profit of the Group's aviation supporting systems and related business segments was RMB 2,406 million, a decrease of RMB 6.10% from the same period last year, which was mainly affiliated with the company The impact of the decline in the company's aviation engineering service sector; the group's division profit of the aviation engineering service sector was RMB 173 million, a decrease of RMB 15 million from the segment profit of the aviation engineering service sector of RMB 188 million in the same period last year, a decrease of 7.98%, mainly due to the lower gross margin of some businesses.