Fujian Sunner Development Co.,Ltd. Posted 86.3 Million Yuan Net Profit in First Quarter of 2023

Fujian Sunner Development Co.,Ltd. (福建圣农发展股份有限公司) (002299.SZ) reported a net profit of 86.3 million yuan in the first quarter of 2023, reversing a net loss of 63 million yuan for the same period in the previous year.

Meanwhile, the company posted 4.5 billion yuan in revenue, up 34.3% year-on-year.

At the end of the reporting period, it had 19.6 billion yuan in total assets and 9.6 billion yuan in total liabilities, with a liability-to-asset ratio of 48.9%.