Beijing Bdstar Navigation Co.,Ltd.’s Net Profit Dropped 62.2% in 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 73.3 million yuan in 2022, down 62.2% year-on-year.

Meanwhile, the company posted 3.8 billion yuan in revenue, down 0.9% year-on-year.

At the end of the reporting period, it had 7.6 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 36.7%.