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China Tontine Wines Group Faces Delays in Annual Results Publication

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China Tontine Wines Group Faces Delays in Annual Results Publication

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China Tontine Wines Group ( (HK:0389) ) has shared an announcement.

China Tontine Wines Group Limited announced a delay in the publication of its 2024 annual results and a possible delay in dispatching its annual report due to recently received financial information from some subsidiaries requiring additional review time. The company has decided not to publish unaudited management accounts at this time due to potential significant adjustments, which could mislead shareholders and investors. The continued suspension of trading reflects ongoing uncertainties, impacting the company’s operations and market positioning.

More about China Tontine Wines Group

China Tontine Wines Group Limited is a company incorporated in Bermuda, primarily engaged in the wine industry. The company, along with its subsidiaries, focuses on the production and distribution of wines, with its shares listed on the Hong Kong Stock Exchange.

Technical Sentiment Signal: Buy

Current Market Cap: $16.67M

For detailed information about 0389 stock, go to TipRanks’ Stock Analysis page.

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