AviChina will sustain profit growth in 2H23, benefiting from geopolitical turmoil and earnings outlook in its subsidiaries. In 2Q23, all its A-share subsidiaries recorded better earnings momentum.
Boomeranged on Tue, 10 Oct 2023 08:36
With the heightened conflicts in the Middle East, defense companies like AviChina are expected to benefit from the rise in geopolitical risks. Lockheed Martin has also raised its dividends and increased buyback lately, both suggesting the strength of the defense sector.
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