Bizconf Telecom Co.,Ltd.’s Net Profit Dropped 53.5% in First Quarter of 2022

Bizconf Telecom Co.,Ltd. (上海会畅通讯股份有限公司) (300578.SZ) reported a net profit of 12.5 million yuan in the first quarter of 2022, down 53.5% year-on-year.

Meanwhile, the company posted 163.4 million yuan in revenue, up 0.5% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 245.8 million yuan in total liabilities, with a liability-to-asset ratio of 12.9%.