China Stationery reveals damage


PETALING JAYA: China Stationery Ltd (CSL), which has been in the limelight due to its inability to finalise its audited accounts for last year due to a fire, disclosed an estimated loss of 332.73 million yuan (RM171.6mil) arising from the incident.

This amount, without taking into account the compensation from insurance, is equivalent to 86% of the earnings it made last year.

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Business , China Staionery Ltd , CSL , fire , china stocks

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