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Wanka Online, Inc. Clarifies Financial Reporting Policies

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  • Wanka Online, Inc. operates in digital services, enhancing apps with cloud-based solutions.
  • The company clarified financial report disclosures to ensure transparency and accuracy.
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Wanka Online, Inc. Clarifies Financial Reporting Policies

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Wanka Online, Inc. ( (HK:1762) ) just unveiled an update.

Wanka Online, Inc. issued a clarification on certain disclosures in its financial reports for the years 2022 and 2023, and the interim period of 2024, concerning its accounting policies for the impairment of financial assets and the aging analysis of accounts receivables. The company revised its criteria for considering financial assets in default and clarified the aging breakdown of accounts receivables, which was affected by a change in auditors. These clarifications aim to ensure transparency and accuracy in the company’s financial reporting, impacting its credibility and compliance with financial standards.

More about Wanka Online, Inc.

Wanka Online, Inc. operates in the digital services industry, focusing on providing platform-based solutions and technologies for online businesses. The company’s primary services include enhancing mobile applications with integrated cloud-based capabilities and offering tools for digital marketing and operations.

YTD Price Performance: 12.11%

Average Trading Volume: 1,254,105

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$311.7M

Learn more about 1762 stock on TipRanks’ Stock Analysis page.

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