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First Tractor Co ( (HK:0038) ) just unveiled an announcement.
First Tractor Company Limited has announced a change in its accounting policies in accordance with the Accounting Standards for Business Enterprises Interpretation issued by the Ministry of Finance of the People’s Republic of China. The change, effective from January 1, 2024, involves adjustments to the treatment of estimated liabilities related to quality assurance. This modification is not expected to significantly impact the company’s financial position, operating results, or cash flows, and retrospective adjustments have been made to the 2023 financial statements.
More about First Tractor Co
YTD Price Performance: -3.11%
Average Trading Volume: 20,000
Technical Sentiment Signal: Sell
Current Market Cap: $1.8B
See more insights into 0038 stock on TipRanks’ Stock Analysis page.