Hans Energy Co. Ltd. (HK:0554) has released an update.
Hans Energy Company Limited has announced that its lender has agreed not to adjust the credit facility terms before the conclusion of ongoing refinancing negotiations, despite a dip in the company’s profit margin. The bank has also shown willingness to revise the net profit margin requirement for future financing deals with the group. The company’s directors are optimistic about successfully refinancing the loan agreement and advise shareholders and potential investors to trade cautiously.
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