Leader Environmental Technologies Ltd. (SG:LS9) has released an update.
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Leader Environmental Technologies Ltd. has addressed a shareholder’s concerns about the ‘Material Uncertainty Related to Going Concern’ mentioned in their auditor’s report. The company reassures that, based on their cash flow forecast and a strong consolidated cash balance, they are confident in their ability to meet financial obligations and sustain operations. Management remains optimistic about the company’s financial health and its ongoing viability.
For further insights into SG:LS9 stock, check out TipRanks’ Stock Analysis page.