Avic Aero-Engine Control Co.,Ltd.’s Net Profit Rose 10.5% in First Half of 2023

Avic Aero-Engine Control Co.,Ltd. (中国航发动力控制股份有限公司) (000738.SZ) reported a net profit of 452.7 million yuan in the first half of 2023, up 10.5% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 7.3% year-on-year.

At the end of the reporting period, it had 15.4 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 22.4%.