Bohai Ferry Group Co.,Ltd.’s Net Profit Rose 14.9% in First Quarter of 2022

Bohai Ferry Group Co.,Ltd. (渤海轮渡集团股份有限公司) (603167.SH) reported a net profit of 46.9 million yuan in the first quarter of 2022, up 14.9% year-on-year.

Meanwhile, the company posted 251.4 million yuan in revenue, down 16.5% year-on-year.

At the end of the reporting period, it had 5 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 23.3%.