Avic Heavy Machinery Co.,Ltd.’s Net Profit Rose 35.8% in First Half of 2023

Avic Heavy Machinery Co.,Ltd. (中航重机股份有限公司) (600765.SH) reported a net profit of 827.7 million yuan in the first half of 2023, up 35.8% year-on-year.

Meanwhile, the company posted 5.5 billion yuan in revenue, up 8.4% year-on-year.

At the end of the reporting period, it had 22.9 billion yuan in total assets and 11.5 billion yuan in total liabilities, with a liability-to-asset ratio of 50.4%.