Newton Resources Ltd. intended to recognise an impairment on the group's assets at the Yanjiazhuang Mine in the region of approximately RMB 500 million for the year ending 31 December 2016. Such impairment, once confirmed, will be reflected in the Group's annual results for the fiscal year 2016, which will in turn result in a significant increase in the net loss of the group as compared to that for the prior year. The impairment provision is still subject to finalisation and audit.
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5-day change | 1st Jan Change | ||
0.38 HKD | 0.00% | -7.32% | -24.00% |
03-12 | Newton Resources to Swing to Profit | MT |
03-11 | Newton Resources Ltd Provides Consolidated Earnings Guidance for the Year Ended 31 December 2023 | CI |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-24.00% | 195M | |
+4.67% | 5.41B | |
+15.61% | 3.16B | |
-18.12% | 1.12B | |
+27.08% | 1.03B | |
+9.99% | 773M | |
0.00% | 665M | |
-9.90% | 663M | |
-13.23% | 513M | |
+12.45% | 401M |
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- Newton Resources Ltd. Provides Impairment Guidance on Assets at Yanjiazhuang Mine for the Year Ending December 31, 2016; Provides Earnings Guidance for the Fiscal Year 2016