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The latest announcement is out from CR Construction Group Holdings Limited ( (HK:1582) ).
CR Construction Group Holdings Limited has entered into Supplemental Lease Agreements with two lessors to amend terms of existing leases, resulting in the recognition of HK$40.64 million in right-of-use assets in its financial statements. This transaction, classified as discloseable under Hong Kong’s Listing Rules, reflects an adjustment in the company’s lease obligations, potentially impacting its financial positioning and stakeholder interests.
More about CR Construction Group Holdings Limited
CR Construction Group Holdings Limited operates in the construction industry, primarily engaging in building construction and related services. The company focuses on projects in Hong Kong, contributing to the development of infrastructure and residential properties in the region.
YTD Price Performance: -4.26%
Average Trading Volume: 82,250
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$225M
See more insights into 1582 stock on TipRanks’ Stock Analysis page.
