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Shandong Gold Mining Co., Ltd. Class H ( (HK:1787) ) has provided an update.
Shandong Gold Mining Co., Ltd. has announced a provision for asset impairment for the year 2024, approved during the 71st board meeting and the 43rd supervisory committee meeting. This decision reflects the company’s commitment to accurately represent its financial condition by conducting a comprehensive inventory and impairment tests on various assets, including goodwill, inventories, and receivables, in accordance with relevant accounting standards.
More about Shandong Gold Mining Co., Ltd. Class H
Shandong Gold Mining Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on the mining industry. The company primarily deals with gold mining and related activities, positioning itself in the precious metals market.
YTD Price Performance: 41.88%
Average Trading Volume: 11,283,395
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$115.8B
See more insights into 1787 stock on TipRanks’ Stock Analysis page.