Chengdu Ald Aviation Manufacturing Corporation’s Net Profit Rose 40.9% in First Quarter of 2022

Chengdu Ald Aviation Manufacturing Corporation (成都爱乐达航空制造股份有限公司) (300696.SZ) reported a net profit of 66 million yuan in the first quarter of 2022, up 40.9% year-on-year.

Meanwhile, the company posted 176.8 million yuan in revenue, up 63.1% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 185.1 million yuan in total liabilities, with a liability-to-asset ratio of 9.5%.