Greenheart Group (0094) Stock Overview

Greenheart Group Limited, an investment holding company, engages in forestry business worldwide. It operates in two segments, Suriname and New Zealand. The company is involved in hardwood log harvesting and timber processing, as well as the marketing, sale, and trading of logs and timber products. In addition, it offers softwood products, such as radiata pine logs for sawn timber and plywood and veneer; and hardwood products used for furniture, flooring, decking, windows/doors, outdoor timber/heavy construction, interior decoration, and marine applications. Further, the company provides administrative and management, and forest management services; holds timber concessions, and harvests and sells logs and timber products; and administers forestry operations. As of December 31, 2022, the company managed radiata pine plantation forest assets with a total freehold title land base of approximately 15,306 hectares located in Northland region of New Zealand, as well as approximately 323,000 hectares of concessions and cutting rights in Suriname, South America. The company was incorporated in 1991 and is based in Wanchai, Hong Kong. Greenheart Group Limited is a subsidiary of Newforest Limited.