Baimtec Material Co.,Ltd.’s Net Profit Rose 25% in First Three Quarters of 2023

Baimtec Material Co.,Ltd. (北京航空材料研究院股份有限公司) (688563.SH) reported a net profit of 502.9 million yuan in the first three quarters of 2023, up 25% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, up 20.5% year-on-year.

At the end of the reporting period, it had 11.4 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 13.2%.