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Yunnan Yuntianhua Co Ltd Announces Change in Accounting Policy

Tuesday, 30 Jul 2013 08:00pm EDT 

Yunnan Yuntianhua Co Ltd announced that it has changed its accounting policy regarding the provision method of accounting receivable bad debts, effective June 1, 2013, due to the increased scope of its consolidated financial statements. The changes will have an impact of RMB 125 million in total to the net profit of the fiscal year 2013. 

Company Quote

-0.05 -0.57%
2:59am EDT