Beijing Bei Mo Gao Ke Friction Material Co.,Ltd.’s Net Profit Rose 6.7% in First Half of 2023

Beijing Bei Mo Gao Ke Friction Material Co.,Ltd. (北京北摩高科摩擦材料股份有限公司) (002985.SZ) reported a net profit of 283.5 million yuan in the first half of 2023, up 6.7% year-on-year.

Meanwhile, the company posted 623 million yuan in revenue, down 3.1% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 747.5 million yuan in total liabilities, with a liability-to-asset ratio of 16.3%.