Bozhon Precision Industry Technology Co.,Ltd. Posted 12.6 Million Yuan Net Profit in First Quarter of 2022

Bozhon Precision Industry Technology Co.,Ltd. (博众精工科技股份有限公司) (688097.SH) reported a net profit of 12.6 million yuan in the first quarter of 2022, reversing a net loss of 16.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 779.3 million yuan in revenue, up 44.6% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 56.8%.