Avic Hefei Jianghang Aircraft Equipment Corporation Ltd.’s Net Profit Dropped 16.2% in First Three Quarters of 2023

Avic Hefei Jianghang Aircraft Equipment Corporation Ltd. (合肥江航飞机装备股份有限公司) (688586.SH) reported a net profit of 186.4 million yuan in the first three quarters of 2023, down 16.2% year-on-year.

Meanwhile, the company posted 910.6 million yuan in revenue, up 3.1% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 30.6%.