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GWMOTOR Receives RMB660M+ Govt Grants
Recommend 15 Positive 38 Negative 11 |
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GWMOTOR (02333.HK) announced that the Group received a total of RMB667 million in revenue-related government grants for the period from 1 December 2023 to 31 March 2024, accounting for 9.5% of the company's latest audited net profit. The Group indicated that the aforesaid government grants received were revenue-related and were included in the revenue-related accounting account. The specific accounting treatment and the impact on the Company's profit or loss for the year are still subject to the results of the annual audit confirmed by the auditing firm. AAStocks Financial News |
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