Baosheng Science And Technology Innovation Co.,Ltd.’s Net Profit Dropped 95.2% in First Three Quarters of 2022

Baosheng Science And Technology Innovation Co.,Ltd. (宝胜科技创新股份有限公司) (600973.SH) reported a net profit of 16.6 million yuan in the first three quarters of 2022, down 95.2% year-on-year.

Meanwhile, the company posted 31.2 billion yuan in revenue, down 1.5% year-on-year.

At the end of the reporting period, it had 21.7 billion yuan in total assets and 17.1 billion yuan in total liabilities, with a liability-to-asset ratio of 78.9%.