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Yuan Heng Gas Holdings Ltd ( (HK:0332) ) has provided an update.
Yuan Heng Gas Holdings Ltd has received a Disclaimer of Opinion from its auditors for the second consecutive year, citing multiple uncertainties related to going concern. The company has implemented various measures to address these uncertainties, including optimizing operational strategies and negotiating with creditors to prevent enforcement actions. These efforts have begun to show positive results, with a significant reduction in operating losses from its LNG production segment.
The most recent analyst rating on (HK:0332) stock is a Sell with a HK$0.02 price target. To see the full list of analyst forecasts on Yuan Heng Gas Holdings Ltd stock, see the HK:0332 Stock Forecast page.
More about Yuan Heng Gas Holdings Ltd
Yuan Heng Gas Holdings Ltd is a company incorporated in Bermuda, primarily engaged in the production and distribution of liquefied natural gas (LNG). The company focuses on optimizing its operational strategy to enhance cash generation and reduce operational costs.
Average Trading Volume: 3,106,130
Technical Sentiment Signal: Sell
Current Market Cap: HK$117.8M
For an in-depth examination of 0332 stock, go to TipRanks’ Overview page.