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The latest update is out from Ju Teng International Holdings Limited ( (HK:3336) ).
Ju Teng International Holdings Limited announced the disposal of land and buildings in Zhongshan through its subsidiary Lian-Yi Zhongshan, selling the assets to Guangdong Rushan for RMB145 million. This transaction, classified as a discloseable transaction under the Listing Rules, is expected to generate a pre-tax gain of approximately RMB108 million for the company, which will be used for general working capital and capital expenditures.
More about Ju Teng International Holdings Limited
Ju Teng International Holdings Limited is a company incorporated in the Cayman Islands, operating in the manufacturing industry with a focus on producing electronic components and related products.
YTD Price Performance: 101.25%
Technical Sentiment Signal: Strong Sell
Current Market Cap: €155M
See more insights into 3336 stock on TipRanks’ Stock Analysis page.