SHANGHAI PECHEM (00338): Proposes Total Impairment Provisions of RMB 417 Million for First Half of 2025

Stock News

2025/08/20

SHANGHAI PECHEM (00338) announced that to objectively reflect the company's financial position and operating results for the first half of 2025, and in accordance with relevant regulations including Enterprise Accounting Standards and based on the principle of prudence, the company conducted impairment testing on related assets that may show signs of impairment as of June 30, 2025. Following the testing, the company proposes to make total impairment provisions of RMB 417 million for the first half of 2025.

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