Shipments of high-precision boards and cards surged, and BDStar’s net profit increased by 122.21% year-on-year last year

On the evening of February 23, BDStar released its performance report. During the reporting period, BDStar achieved operating income of 3.623 billion yuan, up 21.29% from the same period last year.

BDStar said that the revenue growth mainly benefited from the rapid demand in the smart agricultural machinery market and the professional drone market, and the shipment volume of high-precision boards increased significantly; the overall market demand for information equipment was strong, and the information equipment business had full orders, achieving rapid growth.

In terms of net profit, during the reporting period, BDStar's operating profit reached 163 million yuan, up 121.47% from the same period last year, and the net profit attributable to shareholders of listed companies was 145 million yuan, up 122.21% from the same period last year.

In this regard, BDStar stated that this was mainly due to the company's active response to the impact of the COVID-19 pandemic during the reporting period, strict control of various costs and expenses; increased operating income; and a large amount of goodwill and other asset impairment provisions in the same period of the previous year.

During the reporting period, the owners' equity attributable to shareholders of the listed company was RMB 4.228 billion, up 30.54% from the same period last year. BDStar believes that this was mainly due to the completion of the company's non-public offering of shares during the reporting period, which raised RMB 746 million.