Jan 22, 2021 08:25 PM (GMT+8) · EqualOcean
*St Liyuan announced that the net profit of 2020 is expected to be 4.4-4.9 billion yuan, with a loss of 9.392 billion yuan in the same period of last year. The company approved the reorganization plan of Jilin Liyuan refining Co., Ltd. by the intermediate people's Court of Liaoyuan City, Jilin Province, and confirmed the completion of the implementation of the reorganization plan. The company initially confirmed that the income from debt restructuring was about 6.754 billion yuan and the loss from stripping inefficient assets was about 614 million yuan.

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