An announcement from Shandong Chenming Paper Holdings Co., Ltd. Class H ( (HK:1812) ) is now available.
Shandong Chenming Paper Holdings Co., Ltd. has announced the imposition of risk warnings on its A and B shares due to consecutive years of negative net profit and uncertainty about its ability to continue as a going concern, as reported by Grant Thornton. The company’s board is taking measures to address these issues, including resuming operations and production, seeking strategic investments, and improving internal controls to mitigate the adverse impacts of these warnings.
More about Shandong Chenming Paper Holdings Co., Ltd. Class H
Shandong Chenming Paper Holdings Co., Ltd. is a company based in the People’s Republic of China, operating in the paper manufacturing industry. The company is involved in the production and sale of paper products, with a focus on both domestic and international markets.
YTD Price Performance: -53.74%
Average Trading Volume: 1,266
Technical Sentiment Signal: Buy
Current Market Cap: €473.9M
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