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Kangda International Engages in Strategic Finance Lease Agreements

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Kangda International Engages in Strategic Finance Lease Agreements

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An announcement from Kangda International Environmental Co Ltd ( (HK:6136) ) is now available.

Kangda International Environmental Co Ltd has entered into finance lease agreements with a lessor to transfer and lease back assets worth RMB50,000,000. This transaction, along with previous similar agreements, is classified as a discloseable transaction under Hong Kong’s Listing Rules, indicating a strategic move to manage assets and finances effectively.

The most recent analyst rating on (HK:6136) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Kangda International Environmental Co Ltd stock, see the HK:6136 Stock Forecast page.

More about Kangda International Environmental Co Ltd

Kangda International Environmental Co Ltd is a company incorporated in the Cayman Islands, primarily engaged in environmental protection projects. It operates through finance leasing, focusing on the acquisition and leaseback of assets related to environmental initiatives in the PRC.

Average Trading Volume: 4,363,490

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.15B

For an in-depth examination of 6136 stock, go to TipRanks’ Overview page.

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