AVIC Chengdu Aircraft Reports 68% Drop in H1 Profit, 39% Revenue Decline

AVIC Chengdu Aircraft Co Ltd reported a 68% decline in H1 profit and a 39% drop in revenue. The company's main business involves providing measurement and control products for military and civilian use, including aircraft measurement and control products, power distribution products, and intelligent sensors. The decline in profit and revenue can be attributed to various factors such as decreased sales and increased competition in the market.