Fujian Green Pine Co.,Ltd. Posted 47.8 Million Yuan Net Loss in First Quarter of 2023

Fujian Green Pine Co.,Ltd. (福建青松股份有限公司) (300132.SZ) reported a net loss of 47.8 million yuan in the first quarter of 2023, narrowing 21.6% year-on-year.

Meanwhile, the company posted 397.1 million yuan in revenue, down 42.2% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 52.7%.