Avic Heavy Machinery Co.,Ltd.’s Net Profit Rose 39.9% in First Three Quarters of 2022

Avic Heavy Machinery Co.,Ltd. (中航重机股份有限公司) (600765.SH) reported a net profit of 1 billion yuan in the first three quarters of 2022, up 39.9% year-on-year.

Meanwhile, the company posted 7.7 billion yuan in revenue, up 18.3% year-on-year.

At the end of the reporting period, it had 20.9 billion yuan in total assets and 10.2 billion yuan in total liabilities, with a liability-to-asset ratio of 49%.