Bbmg Corporation’s Net Profit Dropped 99.4% in First Half of 2023

Bbmg Corporation (北京金隅集团股份有限公司) (601992.SH) reported a net profit of 14.7 million yuan in the first half of 2023, down 99.4% year-on-year.

Meanwhile, the company posted 49.1 billion yuan in revenue, down 10.7% year-on-year.

At the end of the reporting period, it had 284.4 billion yuan in total assets and 190.8 billion yuan in total liabilities, with a liability-to-asset ratio of 67.1%.