Dentons Biochemicals: Investment provision growth further impacts 2013 results
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Last Update: 2020-06-30
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Source: Internet
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Author: User
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March 25, the Board of Directors of Dentons Group announced that the Group's performance in 2013 would be further adversely affectedtx5
Because of the possibility that The cash flow generated by the existing production lines from the existing production lines in Xinglongshan, Changchun City, may be used as a production facility for the production of bio-chemical alcohols (suspended due to market conditions in June 2013-September 2013) and the upstream production facilities in Dehui City, Changchun City and Harbin, the Group has made a possible impairment provision of about HK$3.4 billion for the production of bio-chemical salcohols in Xinglongshan, Changchun Citytx5March 25, Dentons Group Board of Directors announced that the Group's performance in 2013 will be further adversely affectedtx5
Because of the possibility that The cash flow generated by the existing production lines from the existing production lines in Xinglongshan, Changchun City, may be used as a production facility for the production of bio-chemical alcohols (suspended due to market conditions in June 2013-September 2013) and the upstream production facilities in Dehui City, Changchun City and Harbin, the Group has made a possible impairment provision of about HK$3.4 billion for the production of bio-chemical salcohols in Xinglongshan, Changchun Citytx5
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