Beijingbayi Space Lcd Technology Co.,Ltd.’s Net Profit Dropped 70.5% in First Quarter of 2023

Beijingbayi Space Lcd Technology Co.,Ltd. (北京八亿时空液晶科技股份有限公司) (688181.SH) reported a net profit of 18.5 million yuan in the first quarter of 2023, down 70.5% year-on-year.

Meanwhile, the company posted 191.3 million yuan in revenue, down 26% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 450.4 million yuan in total liabilities, with a liability-to-asset ratio of 18.3%.