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China Environmental Resources Further Extends Disposal Date of Wholly Owned Subsidiary
China EnvRes: Annual Reports and Related Documents
China Environmental Resources' Attributable Loss Balloons in Fiscal 2024
China EnvRes: Financial Statements and Related Announcement-Full Yearly Results
China Env Res (01130.HK) is expected to double its annual loss in the profit warning.
China Environmental Resources (01130.HK) issued a profit warning, expecting the comprehensive audited loss for the year ending June this year to increase by no less than 100% compared to the loss of approximately 35.2 million yuan in the same period last year. The board of directors believes that the expansion of the loss is mainly due to the increase in gross profit to approximately 17.7 million yuan due to changes in revenue and products during the period; a decrease in other income to approximately 1.9 million yuan; a decrease in administrative and operating expenses to approximately 40.9 million yuan; an increase in fair value loss of investment properties to approximately 17.3 million yuan; an increase in fair value change in biological assets minus the loss generated from sales cost to approximately 38.6 million yuan; according to fair value.
China Environmental Resources Reports No Changes in May Share Movements
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