The company notes that its operations and operational performance outside of India remained stable in 2HFY2023.
Zheneng Jinjiang Environment Holding (SGX:BWM
) has announced that it expects to record a significant decrease in total comprehensive income for the 2HFY2023 ended Dec 31, 2023, as compared to total comprehensive income of RMB235.1 million in 2HFY2022.
In a profit guidance filing on Jan 30, the company said the expected decrease in comprehensive income, based on the preliminary assessment of the latest unaudited consolidated management accounts, is mainly attributable to substantial impairment losses of assets recorded given the difficulties and uncertainty associated with its projects in India.
