Avic Shenyang Aircraft Company Limited’s Net Profit Rose 24.9% in First Quarter of 2023

Avic Shenyang Aircraft Company Limited (中航沈飞股份有限公司) (600760.SH) reported a net profit of 637.5 million yuan in the first quarter of 2023, up 24.9% year-on-year.

Meanwhile, the company posted 9.2 billion yuan in revenue, up 17% year-on-year.

At the end of the reporting period, it had 56.5 billion yuan in total assets and 42 billion yuan in total liabilities, with a liability-to-asset ratio of 74.4%.