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14 Apr 2025
Beverly JCG Ltd. Reports Material Variances in FY2024 Audited Financial Statements Due to Impairment Provisions
Summary: Beverly JCG Ltd. announced significant discrepancies between its unaudited and audited FY2024 financial statements. Key variances include a S$6.9 million increase in accumulated losses, primarily due to additional impairment provisions on subsidiary investments and receivables. Other adjustments involve reclassification of share option reserves and foreign exchange differences affecting non-controlling interests.