Jiangsu Lopal Tech Co. Ltd. Class H ( (HK:2465) ) just unveiled an announcement.
Jiangsu Lopal Tech Co., Ltd. announced a provision for asset impairment for the year 2024, amounting to RMB235,214,800. This adjustment is expected to decrease the company’s net profit by the same amount in its consolidated financial statements for the year. The impairment was recognized following comprehensive checks on goodwill, endorsed bills, accounts receivable, other receivables, and inventories, aligning with relevant accounting standards and regulations. This financial move aims to present a true and fair view of the company’s asset and financial position as of December 31, 2024.
More about Jiangsu Lopal Tech Co. Ltd. Class H
Jiangsu Lopal Tech Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the technology sector. The company focuses on producing and managing technology-related assets, with a market presence on the Stock Exchange of Hong Kong.
YTD Price Performance: 8.98%
Average Trading Volume: 10,245,206
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$6.77B
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