Chengdu Ald Aviation Manufacturing Corporation’s Net Profit Dropped 14.5% in First Quarter of 2023

Chengdu Ald Aviation Manufacturing Corporation (成都爱乐达航空制造股份有限公司) (300696.SZ) reported a net profit of 56.4 million yuan in the first quarter of 2023, down 14.5% year-on-year.

Meanwhile, the company posted 150.1 million yuan in revenue, down 15.1% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 270.8 million yuan in total liabilities, with a liability-to-asset ratio of 12.3%.