TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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
See more insights into 0589 stock on TipRanks’ Stock Analysis page.