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The latest update is out from Yuan Heng Gas Holdings Ltd ( (HK:0332) ).
Yuan Heng Gas Holdings Ltd has issued a profit warning for the financial year ending March 31, 2025, expecting a significant net loss between RMB2,200 million and RMB2,600 million. This substantial loss is primarily due to increased provisions for impairment losses on prepayments and trade receivables from entities in China and Singapore, reflecting uncertainties in recoverability.
More about Yuan Heng Gas Holdings Ltd
Yuan Heng Gas Holdings Ltd is a company incorporated in Bermuda, focusing on the gas industry. It operates through its subsidiaries and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 12,857,904
Technical Sentiment Signal: Sell
Current Market Cap: HK$170.2M
See more data about 0332 stock on TipRanks’ Stock Analysis page.