Orient Securities Co., Ltd. Class H ( (HK:3958) ) just unveiled an update.
Orient Securities Co., Ltd. has announced proposed amendments to its Articles of Association to enhance corporate governance, including expanding its business scope and integrating integrity management objectives. Additionally, the company disclosed a significant provision for asset impairment totaling RMB364.9903 million for the second half of 2024, which accounts for over 10% of its audited net profit for the latest financial year. This provision reflects expected credit losses and impairment losses on various assets, impacting the company’s financial position and performance.
More about Orient Securities Co., Ltd. Class H
Orient Securities Co., Ltd. Class H is a joint stock company incorporated in the People’s Republic of China, operating under the name ‘DFZQ’ in English. The company is involved in the securities industry, providing intermediary services for futures firms and securities financial advisory services.
YTD Price Performance: -7.03%
Average Trading Volume: 97
Technical Sentiment Signal: Sell
Current Market Cap: €9.89B
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