Jiangsu Eastern Shenghong Co., Ltd. Class ASZSE: 000301

Jiangsu Eastern Shenghong Co: Net profit jumped 38% despite a 17.5% revenue drop, with strong asset and equity growth

· Issued by Jiangsu Eastern Shenghong Co., Ltd. Class A

Revenue fell 17.5% year-over-year, but net profit surged 38.2% and core profit rose 239.5%, driven by cost controls and non-recurring gains. Operating cash flow turned negative, while financing inflows and asset growth remained strong.

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