China Railway Construction (601186.SH) issued an announcement to objectively and fairly reflect the company's 2023 operating results...
Zhitong Finance App News, China Railway Construction (601186.SH) issued an announcement. In order to objectively and fairly reflect the company's operating results and financial situation in 2023, based on the principle of prudence, the company carried out impairment tests on various assets within the scope of the consolidation in accordance with the “Enterprise Accounting Standards” and the relevant requirements of the company's accounting methods, and calculated impairment preparations for assets showing signs of impairment based on the impairment test results. In 2023, the company prepared a total of RMB 9,941 billion for depreciation.
In 2023, the company's proposed asset impairment preparations will result in an increase of RMB 6.48 billion in credit impairment losses in the consolidated financial statements, an increase of RMB 3.461 billion in asset impairment losses, and a decrease of RMB 9,941 billion in the company's consolidated financial statements.