China Avionics Systems Co.,Ltd.’s Net Profit Rose 21% in First Three Quarters of 2022

China Avionics Systems Co.,Ltd. (中航航空电子系统股份有限公司) (600372.SH) reported a net profit of 719.9 million yuan in the first three quarters of 2022, up 21% year-on-year.

Meanwhile, the company posted 7.9 billion yuan in revenue, up 13.9% year-on-year.

At the end of the reporting period, it had 27.5 billion yuan in total assets and 15.2 billion yuan in total liabilities, with a liability-to-asset ratio of 55.3%.