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AsiaPhos Limited Ends Quarterly Financial Reporting

Story Highlights
  • AsiaPhos Limited stops quarterly financial reporting after receiving an unqualified audit opinion.
  • The company will report semi-annually, maintaining transparency and governance standards.
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AsiaPhos Limited Ends Quarterly Financial Reporting

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AsiaPhos Limited ( (SG:5WV) ) just unveiled an announcement.

AsiaPhos Limited has announced the cessation of its quarterly financial reporting, following an unqualified audit opinion from its current auditor, PKF-CAP LLP, for the financial year 2024. This change aligns with the Catalist Rules, as the company is no longer under the obligation to report quarterly due to the removal of a previous disclaimer of opinion by its former auditor. The company will now report semi-annually, with the next financial statement release scheduled for the period ending 30 June 2025. The Board assures stakeholders of continued transparency and adherence to corporate governance standards.

More about AsiaPhos Limited

AsiaPhos Limited is a company involved in the phosphate industry, focusing on the production and supply of phosphate-based products. The company operates through its subsidiaries and is listed on the Singapore Exchange, targeting markets that require phosphate materials.

Technical Sentiment Signal: Buy

Current Market Cap: S$5.92M

For a thorough assessment of 5WV stock, go to TipRanks’ Stock Analysis page.

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