Bomesc Offshore Engineering Company Limited’s Net Profit Dropped 72.5% in First Quarter of 2022

Bomesc Offshore Engineering Company Limited (博迈科海洋工程股份有限公司) (603727.SH) reported a net profit of 14.4 million yuan in the first quarter of 2022, down 72.5% year-on-year.

Meanwhile, the company posted 442 million yuan in revenue, down 24.9% year-on-year.

At the end of the reporting period, it had 5.2 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 35.7%.