Most popular Beiren Printing now rose 811 profit f

2022-08-12
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Beiren Printing is now up 8.11%, and the profit from the sale of non core assets

Beiren Printing (00187-hk) resumed trading higher on Thursday, now up 8.11% to HK $2.80, with a transaction of HK $8057. Under the slow and uniform loading, HK $10000; Mainly due to the sale of non core assets. The stock was reported at HK $2.59 before the suspension

the company announced that it would sell two subsidiaries and related assets to dongbeiren group for about 265million yuan, which is expected to record after tax income of about 171million yuan, which will be used to repay bank loans and working capital

the company refers to that the transfer of non core businesses and assets is conducive to improving its operating losses and increasing cash flow

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