China Energy Engineering Corp. Ltd. Class H ( (HK:3996) ) has shared an update.
China Energy Engineering Corp. Ltd. has announced a significant provision for asset impairment amounting to RMB 3,823 million for the year 2024. This decision, which has been reviewed and approved by the company’s board and audit committee, reflects a decrease in total profit by the same amount in its consolidated financial statements. The provision is aligned with the company’s accounting policies and aims to fairly represent the asset status, ensuring the interests of the company and its shareholders are protected.
More about China Energy Engineering Corp. Ltd. Class H
China Energy Engineering Corp. Ltd. is a major player in the energy engineering sector, providing comprehensive solutions in power construction and engineering services. The company focuses on infrastructure development, particularly in energy-related projects, and operates primarily within the People’s Republic of China.
Average Trading Volume: 41,428
Technical Sentiment Signal: Strong Sell
Current Market Cap: €7.61B
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