Avic Heavy Machinery Co.,Ltd.’s Net Profit Rose 37.6% in 2022

Avic Heavy Machinery Co.,Ltd. (中航重机股份有限公司) (600765.SH) reported a net profit of 1.3 billion yuan in 2022, up 37.6% year-on-year.

Meanwhile, the company posted 10.6 billion yuan in revenue, up 20.2% year-on-year.

At the end of the reporting period, it had 21.1 billion yuan in total assets and 10.3 billion yuan in total liabilities, with a liability-to-asset ratio of 48.8%.