Fujian Yongan Forestry(Group) Joint-Stock Co.,Ltd.’s Net Profit Rose 380.5% in First Quarter of 2023

Fujian Yongan Forestry(Group) Joint-Stock Co.,Ltd. (福建省永安林业(集团)股份有限公司) (000663.SZ) reported a net profit of 54.1 million yuan in the first quarter of 2023, up 380.5% year-on-year.

Meanwhile, the company posted 138 million yuan in revenue, up 37.3% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 181.2 million yuan in total liabilities, with a liability-to-asset ratio of 15.4%.