-+ 0.00%
-+ 0.00%
-+ 0.00%

China Metallurgical (01618): A total of 1,418 billion yuan was prepared for asset impairment in the first half of 2026

Zhitongcaijing·08/31/2026 00:41:01
Listen to the news

Zhitong Finance App News, China Metallurgical (01618) issued an announcement. In order to objectively and fairly reflect the company's financial situation and operating results for the 2026 half-year period, the company carried out impairment tests on assets belonging to various subsidiaries within the scope of the merger in accordance with the relevant provisions of “Enterprise Accounting Standard No. 8 - Asset Impairment”, “Financial Instruments Identification and Measurement”, “IFRS No. 36 - Asset Impairment”, and “IFRS 9 - Financial Instruments”. According to the company's estimates, a total of RMB 1,418 billion was raised for asset impairment in the first half of 2026.