
"Profit Warning" YUANHENG GAS forecasts annual loss expands to 2.1 billion RMB
YUANHENG GAS (00332.HK) issued a profit warning, expecting a net loss attributable to shareholders for the fiscal year ending in March to be between RMB 2.1 billion and RMB 2.5 billion, compared to a net loss of RMB 164 million in the previous year. The significant loss is mainly due to a substantial increase in impairment loss provisions recognized under the expected credit loss model

