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Triumph New Energy Company ( (HK:1108) ) has shared an update.
Triumph New Energy Company Limited, a joint stock limited company incorporated in the People’s Republic of China, has announced the accrual and write-off of assets impairment provision for the year 2024. The company conducted a comprehensive inventory of its assets, including receivables, inventories, and fixed assets, to objectively reflect its financial position and results of operations. The announcement highlights the recognition of credit impairment losses amounting to RMB6,498,500 for the year, primarily due to the aging of accounts receivable and other receivables.
More about Triumph New Energy Company
YTD Price Performance: 18.09%
Technical Sentiment Signal: Hold
Current Market Cap: €629.1M
For detailed information about 1108 stock, go to TipRanks’ Stock Analysis page.