HAECO sales up, profit down in 2013

Hong Kong Aircraft Engineering Co. (HAECO) posted revenue of HK$7.4 billion ($953 million) in 2013, up 28% from HK$5.8 billion in 2012. Full-year net operating profit was HK$228 million, down 45% from $HK417 million in 2012. Net debt was HK$193 million at the end of 2013, down from $HK261 million a...

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