Aecc Aviation Power Co.,Ltd.’s Net Profit Rose 26.8% in First Quarter of 2023

Aecc Aviation Power Co.,Ltd. (中国航发动力股份有限公司) (600893.SH) reported a net profit of 107.5 million yuan in the first quarter of 2023, up 26.8% year-on-year.

Meanwhile, the company posted 6.2 billion yuan in revenue, up 13.9% year-on-year.

At the end of the reporting period, it had 96.6 billion yuan in total assets and 54.8 billion yuan in total liabilities, with a liability-to-asset ratio of 56.7%.