Apr 29, 2023 08:00 AM

Befar Group Co.,Ltd.’s Net Profit Dropped 80.2% in First Quarter of 2023

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Befar Group Co.,Ltd. (滨化集团股份有限公司) (601678.SH) reported a net profit of 74.1 million yuan in the first quarter of 2023, down 80.2% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 21.7% year-on-year.

At the end of the reporting period, it had 18.2 billion yuan in total assets and 6.8 billion yuan in total liabilities, with a liability-to-asset ratio of 37.2%.

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