Soho Holly Futures Co. Ltd. Announces Changes in Accounting Policies to Enhance Financial Reporting
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Soho Holly Futures Co., Ltd. announced changes to its accounting policies on August 28, 2025, following a Board meeting. The revisions focus on the accounting treatment for standard warehouse receipt trading and risk management business revenue. The company states these changes comply with laws and aim to better reflect financial conditions. While fair value changes may affect net profit, significant adverse effects are not expected. The Board, led by Chairman Mr. Chu Kairong, supports these changes to protect shareholder interests, especially minority shareholders.
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