Hor Kew Corporation Reports Financial Statement Variances
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Hor Kew Corporation Limited (SG:BBP) has reported significant variances between its audited and unaudited financial statements for the fiscal year ending December 31, 2024. Key adjustments include a reclassification of a $139,000 foreign exchange loss and a shift of $951,000 in bank loans from non-current to current borrowings. These changes aim to enhance financial reporting accuracy, potentially affecting stakeholder perceptions and the company's financial strategy. The current market cap is S$33.84M, with a year-to-date price performance of 35.42%.
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