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Pu’er Lancang Ancient Tea Co., Ltd. ( (HK:6911) ) has shared an announcement.
Pu’er Lancang Ancient Tea Co., Ltd. has announced an inventory shortfall at its subsidiary, Guangzhou Kangrui Lancang Ancient Tea Co., Ltd., involving 4,100 units of tea products weighing 35 tonnes. The company is actively investigating the matter, which involves a customer and a former senior management member, and has suspended trading of its shares on the Hong Kong Stock Exchange until the 2024 annual results are published.
More about Pu’er Lancang Ancient Tea Co., Ltd.
Pu’er Lancang Ancient Tea Co., Ltd. operates in the tea industry, focusing on the marketing and sales of tea products through its subsidiaries.
YTD Price Performance: -39.48%
Average Trading Volume: 15,329
Technical Sentiment Signal: Buy
Current Market Cap: HK$96.07M
Learn more about 6911 stock on TipRanks’ Stock Analysis page.