China Yurun Food Group Seeks Resolution for Auditor's Disclaimer Due to Financial Uncertainties
I'm PortAI, I can summarize articles.
China Yurun Food Group Limited is working to resolve an auditor's disclaimer regarding its financial statements for the year ended December 31, 2024, due to concerns about its ability to continue as a going concern. The company is negotiating with banks over HK$344 million in overdue borrowings, seeking installment repayment agreements and waivers on penalties. No resolution has been reached yet, but the board is committed to addressing the issue and will provide updates as necessary.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments