Bbmg Corporation’s Net Profit Dropped 60.3% in First Quarter of 2022

Bbmg Corporation (北京金隅集团股份有限公司) (601992.SH) reported a net profit of 163.8 million yuan in the first quarter of 2022, down 60.3% year-on-year.

Meanwhile, the company posted 23.1 billion yuan in revenue, up 0.6% year-on-year.

At the end of the reporting period, it had 282.6 billion yuan in total assets and 184.1 billion yuan in total liabilities, with a liability-to-asset ratio of 65.2%.