Sichuan Shengda Forestry Industry Co LtdNet profit surged 536% year on year, though revenue fell and non-recurring gains drove the increase.

Shengda Forestry disclosed its 2026 semi-annual report, with net profit attributable to the parent company of 89.4686 million yuan in the first half, up 536.04% year on year. The company achieved total operating revenue of 399 million yuan, down 14.56% year on year. Net profit after deducting non-recurring items was 12.5279 million yuan, down 49.78% year on year. During the reporting period, total non-recurring gains and losses amounted to 76.9407 million yuan, including a reversal of impairment provisions on receivables subject to separate impairment testing of 80.7249 million yuan. Net cash flow from operating activities was negative 13.4953 million yuan, compared with 38.899 million yuan in the same period last year.
Sichuan Shengda Forestry Industry Co LtdNet profit surged 536% year on year, though revenue fell and non-recurring gains drove the increase.