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Global New Material International Clarifies 2024 Financial Results

Story Highlights
  • Global New Material International issued a clarification on its 2024 financial results.
  • Corrections were made to the equity and liabilities figures, ensuring accurate financial data.
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Global New Material International Clarifies 2024 Financial Results

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Global New Material International Holdings Limited ( (HK:6616) ) has issued an update.

Global New Material International Holdings Limited, a company incorporated in the Cayman Islands, has issued a clarification announcement regarding its audited annual results for the year ended December 31, 2024. The announcement corrects inadvertent errors in the consolidated statement of financial position, specifically on page 5 of the document. The corrections involve adjustments to figures related to equity and liabilities, with the total equity and liabilities for 2024 now stated as RMB 7,054,508,000 compared to RMB 5,155,282,000 in 2023. This clarification ensures stakeholders have accurate financial data, reflecting the company’s financial standing and obligations.

More about Global New Material International Holdings Limited

YTD Price Performance: -11.26%

Average Trading Volume: 2,801,005

Technical Sentiment Signal: Sell

Current Market Cap: HK$4.78B

For an in-depth examination of 6616 stock, go to TipRanks’ Stock Analysis page.

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