DBS Vickers Securities in a Mar 2 research report says: “Asia Environment recorded RMB23.5m in losses in 4Q09 due to almost RMB20m of doubtful debt provisions and impairment charges. In addition to these one-off items, the company also charged higher staff expenses and associate losses of RMB7.8m on higher stake for Nantong water projects.
Asia Environment Holdings rated fully valued
written by Editor on March 3rd, 2010 |
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