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CITIC Corporation (00267): CITIC Press Corporation (300788.SZ) received a VAT refund of 20.7066 million yuan.
CITIC Corporation (00267) announced that CITIC Press Corporation Limited (CITIC Press (300788.SZ)) received a value-added tax refund of approximately 20.7066 million yuan on June 28. The details are as follows:
Citic Press Corporation (300788.SZ): Received a government subsidy of 20.7066 million yuan.
On July 1st, Guolonghui reported that Citic Press Corporation (300788.SZ) announced that it received a VAT refund of RMB 20,706,631.16 on June 28th. According to the relevant provisions of Enterprise Accounting Standards No. 16 - Government Subsidies, the VAT refund of RMB 20,706,631.16 received by the company this time is a government subsidy related to income and directly included in the current period profit and loss.
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