V&T: Confirmed a loss of HKD 12.9524 million due to changes in the fair value of other non-current financial assets

Zhitong
2025.10.28 08:16

V&T announced that the production and operation equipment of its investee company, High Energy Times, has been sealed by the court, and it is currently unable to operate. Based on the principle of prudence, the company fully recognizes the fair value change loss of other non-current financial assets formed by the investment in High Energy Times, amounting to 12.9524 million yuan, which will reduce the total profit attributable to the listed company for the period from January to September 2025 by 12.9524 million yuan. After recognizing this fair value change loss, the company's financial condition, asset value, and operating results can be more fairly reflected, and it will not adversely affect the company's governance and legal compliance operations

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