Fujian Yongan Forestry(Group) Joint-Stock Co.,Ltd.’s Net Profit Dropped 65.5% in First Half 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 109.5 million yuan in the first half of 2023, down 65.5% year-on-year.

Meanwhile, the company posted 309.7 million yuan in revenue, down 43.6% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 220.8 million yuan in total liabilities, with a liability-to-asset ratio of 17.3%.