Back 14 Apr 2025

Green Build Technology’s FY2024 Financial Statements Receive Disclaimer of Opinion from Auditor​

Link: https://links.sgx.com/1.0.0/corporate-announcements/LA9A6J5UR6T553DN/0513fa267c9c35bd4b6cc6b4962f24102fb85ebae4657bd5f4cd60abae3bcc0c

Summary: Green Build Technology Limited’s independent auditor, Baker Tilly TFW LLP, issued a disclaimer of opinion on the company’s FY2024 financial statements. The auditor cited significant uncertainties regarding the Group’s and Company’s ability to continue as going concerns, as current liabilities exceeded current assets by RMB11.4 million and RMB12.8 million respectively, and both entities reported net losses for the year. Due to insufficient appropriate audit evidence, the auditor could not determine the appropriateness of the going concern assumption used in the financial statements.