Boe Technology Group Co.,Ltd. Posted 1.7 Billion Yuan Net Loss in 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 1.7 billion yuan in 2022, reversing a net profit of 30.9 billion yuan for the previous year.

Meanwhile, the company posted 178.4 billion yuan in revenue, down 19.3% year-on-year.

At the end of the reporting period, it had 420.6 billion yuan in total assets and 218.5 billion yuan in total liabilities, with a liability-to-asset ratio of 52%.