Hunan Boyun New Materials Co.,Ltd.’s Net Profit Dropped 26.3% in First Quarter of 2023

Hunan Boyun New Materials Co.,Ltd. (湖南博云新材料股份有限公司) (002297.SZ) reported a net profit of 7.4 million yuan in the first quarter of 2023, down 26.3% year-on-year.

Meanwhile, the company posted 133.4 million yuan in revenue, down 7.7% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 657 million yuan in total liabilities, with a liability-to-asset ratio of 23.7%.