China Avionics Systems Co.,Ltd.’s Net Profit Rose 10.3% in 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 901.9 million yuan in 2022, up 10.3% year-on-year.

Meanwhile, the company posted 11.2 billion yuan in revenue, up 13.7% year-on-year.

At the end of the reporting period, it had 28.4 billion yuan in total assets and 15.8 billion yuan in total liabilities, with a liability-to-asset ratio of 55.6%.