China Metal Resources Utilization Ltd. (HK:1636) has released an update.
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China Metal Resources Utilization Limited reported a loss for the first half of 2024, with unaudited results showing a reduced loss of RMB 221,735,000 compared to RMB 496,374,000 in the previous year. Despite the reduced loss, the company continues to face significant financial challenges, including a gross loss and substantial finance costs. The report also notes a continued suspension of trading for the company’s stock.
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