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Dongjiang Environmental Company ( (HK:0895) ) has shared an announcement.
Dongjiang Environmental Company Limited announced that its wholly-owned subsidiary, Xiamen Oasis Environmental Protection Industry Co., Ltd., received a tax administrative penalty for tax evasion related to transactions from 2015. The penalty, amounting to RMB2,024,203.58, resulted from the underpayment of taxes due to the use of incorrect invoices. The company has since taken measures to rectify past issues and strengthen internal controls. The penalty does not significantly impact the company’s operations or its listing status.
The most recent analyst rating on (HK:0895) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Dongjiang Environmental Company stock, see the HK:0895 Stock Forecast page.
More about Dongjiang Environmental Company
Dongjiang Environmental Company Limited is a joint stock limited company incorporated in the People’s Republic of China, operating in the environmental protection industry. The company focuses on providing environmental services and solutions, with a market focus on waste management and environmental protection.
YTD Price Performance: 29.73%
Average Trading Volume: 5,929,402
Technical Sentiment Signal: Hold
Current Market Cap: HK$5.43B
See more data about 0895 stock on TipRanks’ Stock Analysis page.