SIICENVIRONMENT (00807): Will no longer voluntarily disclose financial performance for the first and third quarters of each financial year.
Shanghai Industrial Environmental (00807) has issued an announcement that the company will no longer voluntarily disclose and publish the first quarter financial results of every fiscal year for the group...
SIICENVIRONMENT (00807) announced that the company will no longer voluntarily disclose and release the financial performance of the group for the first and third quarters of each fiscal year.
The announcement stated that changing to half-year financial performance reports will allow the group's management to focus more on the operation and development of core business activities, and reduce the administrative burden associated with releasing quarterly financial performance. The board believes that half-year financial performance reports will allow investors to evaluate the group's performance, strategic deployment, and development trends in a more appropriate time frame, and will not harm the interests of the company's shareholders.
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