---
title: "AECC AST released its 2024 annual performance, with a net profit attributable to the parent company of 68.79 million yuan, a year-on-year increase of 42.85%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233870129.md"
description: "AECC AST released its 2024 annual report, with revenue of 3.85 billion yuan, a year-on-year decrease of 14.77%; net profit attributable to shareholders of 68.79 million yuan, a year-on-year increase of 42.85%; and net profit excluding non-recurring items of 59.78 million yuan, a year-on-year increase of 567.11%. Basic earnings per share are 0.21 yuan. The revenue target for 2024 is 4.718 billion yuan, with an actual completion of 81.60%. The company has adjusted its business strategy, expanding into new research products and foreign trade markets, implementing lean production and cost reduction, with a total profit of 160 million yuan, achieving the annual target"
datetime: "2025-03-31T11:02:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233870129.md)
  - [en](https://longbridge.com/en/news/233870129.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233870129.md)
generator: "portal-rs"
---

# AECC AST released its 2024 annual performance, with a net profit attributable to the parent company of 68.79 million yuan, a year-on-year increase of 42.85%

According to the Zhitong Finance APP, AECC AST (600391.SH) disclosed its 2024 annual report. During the reporting period, the company achieved revenue of 3.85 billion yuan, a year-on-year decrease of 14.77%; net profit attributable to the parent company was 68.79 million yuan, a year-on-year increase of 42.85%; net profit excluding non-recurring gains and losses was 59.78 million yuan, a year-on-year increase of 567.11%; basic earnings per share were 0.21 yuan.

In 2024, the company's revenue target was 4.718 billion yuan, and it actually achieved revenue of 3.850 billion yuan, completing 81.60% of the annual target, mainly due to the demand for domestic trade aviation parts not reaching the expected level at the beginning of the year. The company actively adjusted its business strategy and vigorously expanded the research and development of new products and the foreign trade subcontracting market. Through effective control measures such as lean production and cost reduction, it achieved a total profit of 160 million yuan, completing the annual target

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**