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The Board of Directors meeting of CU VENTURE INV (08159.HK) has been further postponed.
Gelonghui, February 27 | CU VENTURE INV (08159.HK) announced that based on recent developments and due to the audit committee requiring additional time to review and discuss performance with the auditors, the Board of Directors plans to announce that the performance will be further delayed, pending the completion of the audit procedures related to the aforementioned projects. The Board of Directors hereby announces that the board meeting will be postponed to March 25, 2025.
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Xinhua News Agency: 2024 Annual Results Forecast
Xinhua Union (000620.SZ): Expected loss of 0.235 billion yuan to -0.454 billion yuan for the year 2024.
On January 24, Gronghui announced that Xinhua Union (000620.SZ) has released its performance forecast for the year 2024, projecting a net income loss attributable to shareholders of listed companies ranging from 0.235 billion yuan to 0.454 billion yuan, turning from profit to loss year-on-year; the net income attributable to shareholders of listed companies, after deducting non-recurring gains and losses, is expected to range from a loss of 0.316 billion yuan to a loss of 0.609 billion yuan; the basic EPS loss is projected to be between 0.04 yuan and 0.08 yuan. During the reporting period, signs of impairment were observed in certain projects, and the company plans to make provisions for impairment losses on assets likely to be impaired according to corporate accounting standards; during the reporting period, the company incurred significant losses from the disposal of equity in subsidiaries.
CU VENTURE INV (08159) has delayed the publication of its full-year results for 2023/2024 and remains suspended from trading.
CU VENTURE INV (08159) announced that in accordance with GEM Listing Rules Section 18.49 and Section 19.48...