Fujian Jinsen Forestry Co.,Ltd. Posted 17.7 Million Yuan Net Loss in First Quarter of 2023

Fujian Jinsen Forestry Co.,Ltd. (福建金森林业股份有限公司) (002679.SZ) reported a net loss of 17.7 million yuan in the first quarter of 2023, widening 8.9% year-on-year.

Meanwhile, the company posted 11.2 million yuan in revenue, up 5.2% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 63.8%.