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BBMG ( (HK:2009) ) has provided an announcement.
BBMG Corporation announced the approval of provisions for asset impairment during its Ninth Meeting of the Seventh Board of Directors. This decision, aimed at accurately reflecting the company’s financial position for the year 2024, involves recognizing credit and asset impairment losses based on expected credit losses and impairment tests. The provisions are intended to ensure the company’s financial statements accurately depict its asset values, impacting its reported profits for the period.
More about BBMG
BBMG Corporation is a joint stock company incorporated in the People’s Republic of China, operating primarily in the construction materials industry. The company focuses on producing and distributing building materials, including cement, and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 0
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