Tin Industry Co. scraps 252 million yuan in fixed assets and amortizes 296 million yuan in long-term deferred expenses

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Tin Industry Co. announced that it has scrapped fixed assets with a net book value of 252 million yuan that were damaged, beyond repair, inefficient, or invalid, and made a one-time amortization of 296 million yuan in long-term deferred expenses that no longer have a benefit period. These matters will reduce total profit in the company's 2026 interim consolidated financial statements by 548 million yuan, and reduce net profit attributable to the parent company by 445 million yuan.

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Yunnan Tin Co Ltd
000960
▼ NegativeCapitalrelevance

Company scraps fixed assets and amortizes deferred expenses, reducing profit by 548 million yuan.