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Global Bio-chem Provides Update on Changchun Dacheng Disposal

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Global Bio-chem Provides Update on Changchun Dacheng Disposal

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Global Bio-chem Technology Group Co. Ltd. ( (HK:0809) ) has provided an update.

Global Bio-chem Technology Group Co. Ltd. has announced additional information regarding its discloseable transaction involving the disposal of Changchun Dacheng Industrial. The announcement provides detailed financial data on the net assets and liabilities of the companies within the Disposal Group as of June 30, 2024, after eliminating intra-group balances. This information is intended for shareholders and potential investors, offering insights into the company’s financial restructuring efforts.

More about Global Bio-chem Technology Group Co. Ltd.

YTD Price Performance: -16.04%

Average Trading Volume: 3,361,684

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$792.8M

For a thorough assessment of 0809 stock, go to TipRanks’ Stock Analysis page.

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