Fujian Yongan Forestry(Group) Joint-Stock Co.,Ltd.’s Net Profit Dropped 58.6% in First Three Quarters 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 136.2 million yuan in the first three quarters of 2023, down 58.6% year-on-year.

Meanwhile, the company posted 421.8 million yuan in revenue, down 36.5% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 400.8 million yuan in total liabilities, with a liability-to-asset ratio of 27.2%.