- Joined
- Sep 25, 2009
- Messages
- 1,624
- Likes
- 423
China's NORINCO is one of the most important Chinese defense companies. NORINCO's annual revenues are larger than Lockheed Martin.
Interestingly, NORINCO's sales and profits are both up by over 30% for the first quarter of 2017.
----------
China’s NORINCO reports strong quarterly gains | Janes
"In a statement, the NORINCO Group said its revenues in the quarter increased year on year by 36.3% to CNY102.5 billion (USD14.9 billion) and its total profit was CNY4.4 billion, an increase of 31%."
Interestingly, NORINCO's sales and profits are both up by over 30% for the first quarter of 2017.
----------
China’s NORINCO reports strong quarterly gains | Janes
"In a statement, the NORINCO Group said its revenues in the quarter increased year on year by 36.3% to CNY102.5 billion (USD14.9 billion) and its total profit was CNY4.4 billion, an increase of 31%."