Sichuan Shengda Forestry Industry Co.,Ltd. Posted 65.4 Million Yuan Net Loss in 2022

Sichuan Shengda Forestry Industry Co.,Ltd. (四川升达林业产业股份有限公司) (002259.SZ) reported a net loss of 65.4 million yuan in 2022, reversing a net profit of 50.1 million yuan for the previous year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 22.2% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 721.6 million yuan in total liabilities, with a liability-to-asset ratio of 74.4%.