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Avcorp Announces Election of Directors

Avcorp Announces Election of Directors
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Commercial Airframe Component Market: COVID-19 Focused Report | Evolving Opportunities with Avcorp Industries Inc. and Melrose Industries Plc

/PRNewswire/ The global commercial airframe component market is expected to grow by USD 3.68 billion according to the Technavio. This marks a significant. ....

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Commercial Airframe Component Market: COVID-19 Focused Report | Evolving Opportunities with Avcorp Industries Inc. and Melrose Industries Plc

/PRNewswire/ The global commercial airframe component market is expected to grow by USD 3.68 billion according to the Technavio. This marks a significant. ....

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Avcorp Industries Announces 2021 First Quarter Financial Results, Q1 Revenue Down Sharply But Net Income Rises

Delta, BC, May 27, 2021 (T-Net)
Avcorp Industries Inc. (TSX: AVP) today announced its financial results for the quarter ended March 31, 2021. All amounts are in Canadian currency unless otherwise stated.
2021 First Quarter Highlights
First quarter 2021 revenue was $23,933,000 compared to $40,205,000 in 2020. 2021 revenue decreased by $16,272,000, in comparison to 2020. Revenue was affected by lower customer requirements due to the Coronavirus ( COVID-19 ).
First quarter 2021 net income was $17,390,000 compared to net loss of $10,414,000 in 2020. The net income in the first quarter of 2021 was supported by the accommodation agreement.
On March 12, 2021, the Company entered into a multiparty amended and restated Accommodation Agreement with a customer and Panta Canada B.V. ....

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Avcorp Announces COVID-19 Precautionary Measures for its Annual Meeting of Shareholders

Corporation or
Avcorp or the
Avcorp Group ) announces that in light of ongoing concerns related to the spread of COVID-19, and in order to mitigate potential risks to the health and safety of its shareholders, employees, communities and other stakeholders, Avcorp is encouraging shareholders and others not to attend in person Avcorp s annual meeting to be held on Monday, June 14, 2021 at 2:00 p.m. Pacific time, at 10025 River Way, Delta, British Columbia Canada (the
Meeting ).
In order to vote at the Meeting, Shareholders must vote by Proxy or attend in person. Voting will not be conducted or permitted by or through the teleconference. ....

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