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Yida China Holdings Faces Delays in Financial Results Publication

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Yida China Holdings Faces Delays in Financial Results Publication

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Yida China Holdings Ltd. ( (HK:3639) ) has issued an announcement.

Yida China Holdings Limited has announced a delay in the publication of its 2023 annual results and 2024 interim results due to issues with auditor appointments and disagreements over audit fees. After a series of changes in auditors, the company has appointed Prism Hong Kong Limited to fill the vacancy left by RSM’s resignation. The company has implemented new internal management processes to prevent future delays, including a structured timeline for auditor selection and audit fee negotiations, as well as increased involvement from the Audit Committee to ensure timely publication of financial results.

More about Yida China Holdings Ltd.

YTD Price Performance: 3.09%

Average Trading Volume: 964,588

Technical Sentiment Signal: Sell

Current Market Cap: HK$258.4M

For detailed information about 3639 stock, go to TipRanks’ Stock Analysis page.

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