/c o r r e c t i o n -- pintec technology holdings limited/
In the news release, pintec announces unaudited financial results for the first half of 2023, issued 28-dec-2023 by pintec technology holdings limited over pr newswire, we are advised by the company that in the interim report, the company disclosed the gain from disposal of its wholly owned subsidiary sky city holding limited and its subsidiaries (collectively "schl group") for rmb6.71 million. however, when preparing the financial statements for the year ended december 31, 2023, the company noted the following errors were made inadvertently: 1) the cumulative foreign currency translation loss (recorded as accumulated other comprehensive loss) related to schl group of rmb45.59 million should be treated as loss from disposal of schl group which increased our net loss from rmb0.71 million to a net loss of rmb46.30 million; and 2) the non-controlling interest in a subsidiary included in schl group of rmb139.34 million should be treated as other payable to non-controlling interest holders which increased accrued expenses and other liabilities from rmb 30.20 million to rmb 169.54 million and decreased the non-controlling interest from rmb 153.47 million to rmb 14.12 million.
PT Ratings Summary
PT Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission