Jianzhong Construction Updates on Trading Resumption Progress

Jianzhong Construction Development Limited ( (HK:0589) ) just unveiled an announcement.

Jianzhong Construction Development Limited has announced a quarterly update regarding its progress in resuming trading of its shares on the Hong Kong Stock Exchange. The company is actively working with its auditors, Crowe (HK) CPA Limited, to finalize the audit process for the 2023 Annual Results. This involves addressing major outstanding matters such as impairment assessments and credit loss provisions. The complexity of the audit has been heightened by the need to adapt to new working dynamics with the auditors, which has delayed the process. Nevertheless, Jianzhong Construction is making significant strides in aligning with the auditors and expects to complete the audit soon, which will impact its ability to resume trading and provide updates to stakeholders.

More about Jianzhong Construction Development Limited

Jianzhong Construction Development Limited operates in the construction industry, focusing on property, plant, and equipment management, along with maintaining robust internal controls and financial procedures.

YTD Price Performance: 0.0%

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$118.7M

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