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Stock impact report

CHINA NATURAL RESOURCES REPORTS FULL YEAR 2021 RESULTS

China Natural Resources, Inc. - Common Shares (CHNR) 
US:NASDAQ Investor Relations: chnr.net/display.php?cid=21
Company Research Source: PR Newswire
HONG KONG, MAY 17, 2022 /PRNewswire/ -- China Natural Resources Inc. (NASDAQ: CHNR) (the "Company") today announced its results of operations for the twelve months ended December 31, 2021. For the convenience of the reader, amounts in Chinese Yuan ("CNY") have been translated into United States dollars ("US$") at the rate of US$1.00 = CNY6.3559 as quoted by www.ofx.com on December 31, 2021.Mr. Wong Wah On Edward, Chairman and Chief Executive Officer of the Company, commented, "We continued to make meaningful progress on the strategic diversification of our business in 2021. Our progress was, however, slowed by the COVID-19 pandemic, resulting shutdowns, logistic complications, and the steep global increase in operating costs and inflation. In addition, our operations in the rural wastewater treatment industry in 2021 resulted in a near-term reduction in our revenue level, but we believe our actions will be a catalyst for increased revenue growth and profitability. We are already seein Show less Read more
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