Hizeaero Co. Ltd, publicly announced on 30th Oct for 2017 3Q (interim) sales (based on K-IFRS Consolidated Financial Statements)

During the last three quarters, orders from major Chinese and Japanese clients such as COMAC, BTC (Boeing-Tianjin), KHI (Kawasaki Heavy Industries) and Shinmaywa entered the mass production state.  As a result,  exports surged 146% YoY.

Hizeaero's also positively forecasted its 4Q results. Since the beginning of the year, the production for China and Japan has been full-fledged. Recently, export expansion has become visible by signing a large-scale production contract of 32.3 billion won for three years from COMAC. 

Also, Hizeaero established a subsidiary (Gaon I&T, Do to development of aviation interior material, clothing / textile manufacturing) to diversify its business through related industries.