Ningbo Bird Co.,Ltd.’s Net Profit Dropped 61.7% in First Half of 2022

Ningbo Bird Co.,Ltd. (宁波波导股份有限公司) (600130.SH) reported a net profit of 13.6 million yuan in the first half of 2022, down 61.7% year-on-year.

Meanwhile, the company posted 227.3 million yuan in revenue, down 45.4% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 147 million yuan in total liabilities, with a liability-to-asset ratio of 12.5%.