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Richly Field China Development Seeks to Address Financial Disclaimer

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Richly Field China Development Seeks to Address Financial Disclaimer

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Richly Field China Development Limited ( (HK:0313) ) has shared an announcement.

Richly Field China Development Limited has received a disclaimer of opinion from its auditors on its consolidated financial statements for the fiscal year ending March 31, 2024. To address this, the company is taking measures such as restarting its Qinhuangdao property project, further developing the Yinchuan project, securing financial support, and exploring new investment and financing opportunities. Despite challenges in the Chinese property market, the company is actively seeking cooperation with potential investors to advance its projects.

More about Richly Field China Development Limited

Richly Field China Development Limited is a company incorporated in the Cayman Islands and continued in Bermuda with limited liability. It operates in the property development industry, focusing on projects such as the Qinhuangdao and Yinchuan property projects in China. The company also engages in property management and explores various investment opportunities and financing options.

Average Trading Volume: 683,979

Technical Sentiment Signal: Sell

Current Market Cap: HK$70.01M

See more data about 0313 stock on TipRanks’ Stock Analysis page.

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