Beijing Bei Mo Gao Ke Friction Material Co.,Ltd.’s Net Profit Dropped 11.9% in First Half of 2022

Beijing Bei Mo Gao Ke Friction Material Co.,Ltd. (北京北摩高科摩擦材料股份有限公司) (002985.SZ) reported a net profit of 265.6 million yuan in the first half of 2022, down 11.9% year-on-year.

Meanwhile, the company posted 642.6 million yuan in revenue, up 11% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 664 million yuan in total liabilities, with a liability-to-asset ratio of 16.2%.