Bohai Ferry Group Co.,Ltd.’s Net Profit Dropped 34.2% in First Quarter of 2023

Bohai Ferry Group Co.,Ltd. (渤海轮渡集团股份有限公司) (603167.SH) reported a net profit of 30.8 million yuan in the first quarter of 2023, down 34.2% year-on-year.

Meanwhile, the company posted 322.3 million yuan in revenue, up 28.2% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 22.4%.