Ningbo Bird Co.,Ltd.’s Net Profit Dropped 35.5% in First Three Quarters of 2022

Ningbo Bird Co.,Ltd. (宁波波导股份有限公司) (600130.SH) reported a net profit of 22.9 million yuan in the first three quarters of 2022, down 35.5% year-on-year.

Meanwhile, the company posted 355.8 million yuan in revenue, down 37.3% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 199.2 million yuan in total liabilities, with a liability-to-asset ratio of 16.1%.