Ningbo Bird Co.,Ltd.’s Net Profit Rose 31.2% in First Quarter of 2022

Ningbo Bird Co.,Ltd. (宁波波导股份有限公司) (600130.SH) reported a net profit of 8.4 million yuan in the first quarter of 2022, up 31.2% year-on-year.

Meanwhile, the company posted 129.5 million yuan in revenue, down 40.6% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 179.1 million yuan in total liabilities, with a liability-to-asset ratio of 14.9%.