Fujian Green Pine Co.,Ltd. Posted 656.1 Million Yuan Net Loss in First Three Quarters of 2022

Fujian Green Pine Co.,Ltd. (福建青松股份有限公司) (300132.SZ) reported a net loss of 656.1 million yuan in the first three quarters of 2022, reversing a net profit of 118.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.1 billion yuan in revenue, down 19.6% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 60.5%.