Jilin Forest Industry's Q3 profit jumps on strong mineral water sales

Jilin Forest Industry Co., Ltd. announced a 40.72% increase in total profit for Q3 2025, reaching 22,628,575.00 yuan. Net profit attributable to shareholders rose by 62.62% to 1,205,064.48 yuan. This growth was primarily attributed to increased mineral water sales. The company's operating revenue for the quarter also saw a 13.20% increase, totaling 337,992,609.38 yuan.

The company further reported the implementation of asset impairment provisions totaling 16,960,269.98 yuan for the third quarter of 2025, which will reduce the consolidated net profit by the same amount. These provisions included write-downs for accounts receivable, other receivables, and contract assets, reflecting a prudent approach to asset valuation.

In corporate governance, Jilin Forest Industry underwent significant changes, including the revision of its articles of association, the abolition of the supervisory board, and the election of new directors and management. The company also engaged in cash management using temporarily idle funds, including the redemption of structured deposits and ongoing investments in reverse repurchase agreements for treasury bonds.