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Yunnan Water Investment Co., Limited Class H ( (HK:6839) ) has issued an announcement.
Yunnan Water Investment Co., Limited announced the disposal of the Dali Fourth Water Plant, which is currently operating under normal conditions with an increased daily water supply due to rising demand. The plant operates under a BOT Project Concession Agreement with the Dali City Government, where the vendor bears demand risk and charges users based on government-approved fee standards. The plant has been generating revenue but also incurring a gross loss over the past two years, reflecting the financial challenges within this operation.
More about Yunnan Water Investment Co., Limited Class H
Yunnan Water Investment Co., Limited is a joint stock limited liability company incorporated in the People’s Republic of China, operating in the water supply industry. The company focuses on providing water supply services through various water plants, including the Dali Fourth Water Plant, under government-regulated pricing agreements.
Average Trading Volume: 1,282,085
Technical Sentiment Signal: Sell
Current Market Cap: HK$207.6M
See more insights into 6839 stock on TipRanks’ Stock Analysis page.