Shanxi Guoxin Energy, Unit Receive 68 Million Yuan in Subsidies

MT Newswires Live07-07

Shanxi Guoxin Energy (SHA:600617) and its liquefied natural gas subsidiary received government subsidies of 67.8 million yuan.

Subsidies received were 44.6 million yuan for the company and 23.2 million yuan for the subsidiary, according to a filing with the Shenzhen bourse.

Shares of the natural gas company closed 2% higher Monday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment