Boe Technology Group Co.,Ltd. Posted 1.3 Billion Yuan Net Loss in First Three Quarters 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 loss of 1.3 billion yuan in the first three quarters of 2022, reversing a net profit of 26 billion yuan for the same period in the previous year.

Meanwhile, the company posted 132.7 billion yuan in revenue, down 19.5% year-on-year.

At the end of the reporting period, it had 431 billion yuan in total assets and 228.2 billion yuan in total liabilities, with a liability-to-asset ratio of 53%.