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China Everbright Water Addresses Shareholder Concerns on Trade Receivables

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China Everbright Water Addresses Shareholder Concerns on Trade Receivables

Elevate Your Investing Strategy:

China Everbright Water ( (SG:U9E) ) has issued an announcement.

China Everbright Water Limited addressed questions from shareholders ahead of its Annual General Meeting. The company reported an increase in overdue trade receivables as of December 2024, highlighting concerns about its collection rate. Shareholders have requested the reinstatement of the disclosure of the collection rate to better understand the company’s efforts in managing customer payments.

More about China Everbright Water

China Everbright Water Limited is a company incorporated in Bermuda with limited liability, listed on both the Hong Kong and Singapore stock exchanges. The company operates in the water management industry, focusing on providing integrated environmental water services.

YTD Price Performance: -3.89%

Average Trading Volume: 14,186

Technical Sentiment Signal: Hold

Current Market Cap: $500.9M

See more data about U9E stock on TipRanks’ Stock Analysis page.

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