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Pu’er Lancang Ancient Tea Co., Ltd. Faces Delays in Annual Results and Trading Suspension

Story Highlights
  • Pu’er Lancang Ancient Tea Co., Ltd. delays 2024 annual results due to management adjustments.
  • Trading of company’s shares suspended until financial results are published.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Pu’er Lancang Ancient Tea Co., Ltd. ( (HK:6911) ) just unveiled an update.

Pu’er Lancang Ancient Tea Co., Ltd. has announced a delay in the publication of its 2024 annual results and the possible delay in the dispatch of its annual report due to adjustments in management personnel and business operations. This delay has led to the postponement of a board meeting and the suspension of trading of the company’s shares on the Hong Kong Stock Exchange until the financial results are published. Despite these delays, the company assures that its operations remain normal and is working closely with auditors to resolve outstanding audit matters.

More about Pu’er Lancang Ancient Tea Co., Ltd.

Pu’er Lancang Ancient Tea Co., Ltd. is a joint stock company incorporated in China, operating in the tea industry. The company, along with its subsidiaries, focuses on the production and distribution of tea products.

YTD Price Performance: -39.29%

Average Trading Volume: 22,379

Technical Sentiment Signal: Buy

Current Market Cap: HK$96.39M

See more data about 6911 stock on TipRanks’ Stock Analysis page.

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