Avicopter Plc’s Net Profit Dropped 93.5% in First Three Quarters of 2022

Avicopter Plc (中航直升机股份有限公司) (600038.SH) reported a net profit of 39.4 million yuan in the first three quarters of 2022, down 93.5% year-on-year.

Meanwhile, the company posted 10.6 billion yuan in revenue, down 25.2% year-on-year.

At the end of the reporting period, it had 31.4 billion yuan in total assets and 21.7 billion yuan in total liabilities, with a liability-to-asset ratio of 69.1%.