Shengda Forestry sees nine-month revenue up, net profit soars despite Q3 dip

Sichuan Shengda Forestry Industry Co., Ltd. announced a 40.65% increase in operating revenue for the first nine months of 2025, reaching 716,584,781.51 yuan. Net profit attributable to shareholders surged by 196.44% to 19,590,122.87 yuan for the same period. Diluted earnings per share also rose by 196.30% to 0.0260 yuan. The company's total assets increased by 3.08% to 930,687,266.92 yuan compared to the end of the previous year.

The company's operating income for the third quarter alone showed a modest 0.78% increase to 249,279,677.65 yuan, while net profit attributable to shareholders for the quarter decreased by 76.08% to 5,523,509.12 yuan. Basic and diluted earnings per share for the quarter were 0.0073 yuan, representing a 76.22% decrease.

The report also highlighted changes in certain financial indicators, with prepaid accounts increasing by 105.26% due to new supplier prepayments and other receivables decreasing by 65.65%. Contract liabilities rose by 51.58% at the end of the reporting period due to increased prepayments from customers for goods.