Reuters logo
in 3 months
BRIEF-Shandong Molong Petroleum Machinery updates on co's ability to continue as going concern
April 11, 2017 / 12:36 AM / in 3 months

BRIEF-Shandong Molong Petroleum Machinery updates on co's ability to continue as going concern

1 Min Read

April 11 (Reuters) - Shandong Molong Petroleum Machinery Co Ltd:

* Conditions indicate that a material uncertainty exists that may cast significant doubt on company's ability to continue as a going concern

* "Currently, group is adopting various measures to reduce its production cost"

* Group incurred a loss of RMB650.7 mln in its consolidated financial statements during year 2016 Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below