Boe Technology Group Co.,Ltd.’s Net Profit Dropped 50.7% in First Quarter of 2022

Boe Technology Group Co.,Ltd. (京东方科技集团股份有限公司) (000725.SZ) reported a net profit of 3.2 billion yuan in the first quarter of 2022, down 50.7% year-on-year.

Meanwhile, the company posted 50.5 billion yuan in revenue, up 0.4% year-on-year.

At the end of the reporting period, it had 457.1 billion yuan in total assets and 234.1 billion yuan in total liabilities, with a liability-to-asset ratio of 51.2%.