Beijing Bei Mo Gao Ke Friction Material Co.,Ltd.’s Net Profit Rose 46.2% in First Quarter of 2022

Beijing Bei Mo Gao Ke Friction Material Co.,Ltd. (北京北摩高科摩擦材料股份有限公司) (002985.SZ) reported a net profit of 182.9 million yuan in the first quarter of 2022, up 46.2% year-on-year.

Meanwhile, the company posted 368.2 million yuan in revenue, up 44.7% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 714.7 million yuan in total liabilities, with a liability-to-asset ratio of 17.4%.