Ningbo Jifeng Auto Parts Accrues 50.7 Million Yuan in Bad Debt, Inventory Depreciation Provisions

MT Newswires Live

08/17

Ningbo Jifeng Auto Parts (SHA:603997) accrued 50.7 million yuan in bad debt and inventory depreciation provisions in the first half, according to a Saturday filing with the Shanghai bourse.

Asset impairments totaled 36.8 million yuan while credit impairments reached 13.9 million yuan during the half.

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