Bomin Electronics Co.,Ltd.’s Net Profit Dropped 12.2% in First Quarter of 2022

Bomin Electronics Co.,Ltd. (博敏电子股份有限公司) (603936.SH) reported a net profit of 40.9 million yuan in the first quarter of 2022, down 12.2% year-on-year.

Meanwhile, the company posted 660.9 million yuan in revenue, down 5.5% year-on-year.

At the end of the reporting period, it had 6.6 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 44.2%.