Sichuan Shengda Forestry Industry Co.,Ltd. Posted 15 Million Yuan Net Profit in First Half of 2023

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 profit of 15 million yuan in the first half of 2023, reversing a net loss of 58.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 408.8 million yuan in revenue, down 49.8% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 722.6 million yuan in total liabilities, with a liability-to-asset ratio of 73%.