Beijing Bdstar Navigation Co.,Ltd.’s Net Profit Dropped 57.5% in First Three Quarters of 2022

Beijing Bdstar Navigation Co.,Ltd. (北京北斗星通导航技术股份有限公司) (002151.SZ) reported a net profit of 59.6 million yuan in the first three quarters of 2022, down 57.5% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, down 12.1% year-on-year.

At the end of the reporting period, it had 7.2 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 34.2%.