HanKore

HanKore: CFO expects no further provisions for impairments, repairs and costs overrun. Co has 14 large-scale municipal water and wastewater treatment plants in China and expect to achieve a water capacity of 5m ton per day in 3 yrs and 10m daily in 5 yrs from current capacity of 1m ton daily now. HanKore is having an investor roadshow today which may show further insights into co’s strategy and direction. Full results on 29 Aug were dismal posting a Rmb405.7m loss due to restructuring charges and writedowns after the name change from prev Bio-Treat.