Beijing Bdstar Navigation Co.,Ltd.’s Net Profit Dropped 4.6% in First Quarter of 2022

Beijing Bdstar Navigation Co.,Ltd. (北京北斗星通导航技术股份有限公司) (002151.SZ) reported a net profit of 30.9 million yuan in the first quarter of 2022, down 4.6% year-on-year.

Meanwhile, the company posted 760.2 million yuan in revenue, down 16.8% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 32.8%.