Avicopter Plc’s Net Profit Dropped 97.2% in First Half of 2022

Avicopter Plc (中航直升机股份有限公司) (600038.SH) reported a net profit of 10.4 million yuan in the first half of 2022, down 97.2% year-on-year.

Meanwhile, the company posted 6.8 billion yuan in revenue, down 28.1% year-on-year.

At the end of the reporting period, it had 28.7 billion yuan in total assets and 19 billion yuan in total liabilities, with a liability-to-asset ratio of 66.2%.