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Bohai Ferry: Received 69.755 million yuan in rural island waterway passenger transport subsidies
People’s Financial News, March 27 - Bohai Ferry (603167) announced on March 27 that the company received a notification from the Yantai Municipal Finance Bureau regarding the issuance of the budget indicators for rural passenger transport subsidies and urban transportation development reward funds. The company has received a subsidy of 69.755 million yuan for rural inter-island waterway passenger transportation. The aforementioned government subsidy is related to revenue, and the company will recognize it in the current period’s profit and loss upon receipt of the subsidy documents.