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China Tianrui Cement Navigates Accounting Challenges
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China Tianrui Cement Navigates Accounting Challenges

China Tianrui Group Cement Co., Ltd. (HK:1252) has released an update.

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China Tianrui Group Cement Co., Ltd. has published its 2024 Interim Results, though with caveats due to unresolved accounting issues with its associate, Wanji Cement. The company is actively engaging in efforts to resolve these issues, including the appointment of an independent valuer to assess the fair value of its equity in the associate. Despite these challenges, the Group remains committed to ensuring accurate and transparent financial disclosures.

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