CITIC (00267.HK) announced that its subsidiary CITIC Offshore Helicopter Co., Ltd. (000099.SZ) recently received a government subsidy of 30.04 million yuan.
The announcement stated that the aforementioned subsidy will be accounted for in the company's profit and loss for the fiscal year 2025 in accordance with the regulations such as "Accounting Standards for Enterprises No. 16 - Government Grants". The specific impact of this subsidy on the company will be subject to the final audit results by an accounting firm in 2025. (js/w)
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