China Suntien Green Energy Corporation Limited Class H ( (HK:0956) ) has issued an update.
China Suntien Green Energy Corporation Limited has announced the approval of an impairment provision for assets amounting to RMB353.1585 million for 2024. This decision, made during the company’s board meetings, aims to ensure the authenticity and reliability of its accounting information by reflecting the true status of its assets and operating results. The impairment provisions cover various areas, including accounts receivable, long-term equity investments, fixed assets, and construction in progress, indicating a strategic move to address underperforming investments and maintain financial transparency.
More about China Suntien Green Energy Corporation Limited Class H
China Suntien Green Energy Corporation Limited is a joint stock limited company incorporated in the People’s Republic of China, operating in the green energy sector. The company focuses on renewable energy projects, including wind farms and other sustainable energy solutions, positioning itself as a significant player in the green energy industry.
YTD Price Performance: 4.62%
Average Trading Volume: 14,242,568
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$32.55B
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