China Putian Food Holding Limited provided earnings guidance for the year ended 31 December 2022. For the year, the company is expected to record a loss in the consolidated financial results of the Company of not less than RMB 350 million as compared to the loss of a consolidated financial results of the Company for the year ended 31 December 2021 of approximately RMB 266.46 million, representing an increase in loss of at least approximately 31.35% as compared with the year ended 31 December 2021. The Board considers that such changes are mainly due to the following losses being recorded for the Year: the ECL provision relating to the long outstanding accounts receivables of the Group; and a possible further substantial impairment loss on non-current assets of the Group's cash generating units under a fair value assessment test.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
0.04 HKD | +2.56% | -.--% | -.--% |
1st Jan change | Capi. | |
---|---|---|
-.--% | 11.49M | |
+12.80% | 21.61B | |
+10.00% | 19.34B | |
+1.09% | 12.91B | |
+15.67% | 10.53B | |
-8.03% | 9.91B | |
+29.28% | 8.47B | |
+26.36% | 5.71B | |
+6.43% | 2.79B | |
-3.76% | 2.18B |
- Stock Market
- Equities
- 1699 Stock
- News China Putian Food Holding Limited
- China Putian Food Holding Limited Provides Earnings Guidance for the Year Ended 31 December 2022