Sichuan Shengda Forestry Industry Co.,Ltd. Posted 24 Million Yuan Net Profit in First Three Quarters 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 24 million yuan in the first three quarters of 2023, reversing a net loss of 72.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 602.1 million yuan in revenue, down 56.1% year-on-year.

At the end of the reporting period, it had 930.7 million yuan in total assets and 646.9 million yuan in total liabilities, with a liability-to-asset ratio of 69.5%.