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China International Holdings Limited ( (SG:BEH) ) just unveiled an update.
China International Holdings Limited has reported a significant increase in its gross contract assets, reaching RMB 227.0 million as of December 31, 2024, due to slow collections from government entities for wastewater treatment services. This trend has been ongoing for several years, with rising contract assets and increasing allowances for expected credit losses, prompting the company to address challenges in receivables recovery and evaluate its loss allowance strategies.
More about China International Holdings Limited
China International Holdings Limited, incorporated in Bermuda, operates in the environmental services industry, focusing on wastewater treatment services. The company primarily serves government entities in Tianjin, China.
YTD Price Performance: -46.00%
Average Trading Volume: 304,481
Technical Sentiment Signal: Buy
Current Market Cap: S$2.11M
Learn more about BEH stock on TipRanks’ Stock Analysis page.