Far East Smarter Energy Unit Receives 7.5 Million-Yuan Government Subsidy
MT Newswires Live
Sep 04
Far East Smarter Energy (SHA:600869) unit subsidiary Far East Cable received a government subsidy of 7.5 million yuan.
The subsidy represents 12.70% of the company's most recent audited attributable net profit, according to a Friday filing with the Shanghai bourse.
Shares of the digital smart city services provider rose 2% in recent trade.
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