Avic Electromechanical Systems Co.,Ltd.’s Net Profit Rose 14% in First Three Quarters of 2022

Avic Electromechanical Systems Co.,Ltd. (中航工业机电系统股份有限公司) (002013.SZ) reported a net profit of 1.1 billion yuan in the first three quarters of 2022, up 14% year-on-year.

Meanwhile, the company posted 12.3 billion yuan in revenue, up 6.6% year-on-year.

At the end of the reporting period, it had 36 billion yuan in total assets and 18.2 billion yuan in total liabilities, with a liability-to-asset ratio of 50.5%.