Boe Technology Group Co.,Ltd.’s Net Profit Dropped 81% in First Half 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 half of 2022, down 81% year-on-year.

Meanwhile, the company posted 91.6 billion yuan in revenue, down 15.7% year-on-year.

At the end of the reporting period, it had 446.3 billion yuan in total assets and 231.2 billion yuan in total liabilities, with a liability-to-asset ratio of 51.8%.