Jiangxi Hongdu Aviation Industry Co.,Ltd.’s Net Profit Dropped 6.8% in 2022

Jiangxi Hongdu Aviation Industry Co.,Ltd. (江西洪都航空工业股份有限公司) (600316.SH) reported a net profit of 141.4 million yuan in 2022, down 6.8% year-on-year.

Meanwhile, the company posted 7.3 billion yuan in revenue, up 0.5% year-on-year.

At the end of the reporting period, it had 17.2 billion yuan in total assets and 11.9 billion yuan in total liabilities, with a liability-to-asset ratio of 69.3%.