Bomin Electronics Co.,Ltd.’s Net Profit Dropped 48.7% in First Quarter of 2023

Bomin Electronics Co.,Ltd. (博敏电子股份有限公司) (603936.SH) reported a net profit of 21 million yuan in the first quarter of 2023, down 48.7% year-on-year.

Meanwhile, the company posted 655.7 million yuan in revenue, down 0.8% year-on-year.

At the end of the reporting period, it had 8.5 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 39.4%.