Tianjin Jinran Public Service (01265) issued an announcement. It is expected that the group will return for the year ended December 31, 2023...
According to Zhitong Finance App, Tianjin Jinran Public (01265) issued an announcement. It is expected that the Group will have a comprehensive loss of about RMB 155 million attributable to shareholders of the parent company for the year ended December 31, 2023, and a comprehensive loss attributable to shareholders of the parent company of about RMB 68 million for the year ended December 31, 2022. Losses were mainly due (among others) to the following factors: the increase in intake prices for upstream gas supply units in FY2023 due to rising international natural gas prices; a decrease in gas sales due to a decrease in gas demand from large users; and preparation for impairment of fixed assets. Combining (including) the above two factors, changes in the market environment where the Group operates, and the impact of the Group's sales forecast, the company conducted an impairment test. Based on the principle of prudence, it is expected that approximately RMB 86 million will be prepared for fixed asset impairment in fiscal year 2023. The impairment has yet to be confirmed and audited.