Nanning Department Store (600712.SH) issued an announcement. Recently, the company received the expropriation of some houses in the South Building of the company's Chaoyang store...
Zhitong Finance App News, Nanning Department Store (600712.SH) issued an announcement. Recently, the company received the second phase of expropriation compensation (subsidy) of 11.6818 million yuan for some of the houses expropriated in the South Building of the Company's Chaoyang Branch. At this point, all housing levy compensation (subsidy) payments have been paid.
Regarding the housing expropriation compensation (subsidy) payment, the company completed the obligation to fulfill the expropriation compensation agreement in 2023, and in accordance with the “Enterprise Accounting Standards”, the full amount of the housing levy compensation (subsidy) payment confirmed a total asset disposal income of about RMB 22.8457 million in 2023. The balance received this time will cancel out “other receivables” and will not affect the company's current profit or loss.