Back 07 May 2025

Polaris Ltd. Shifts Reporting Frequency: Quarterly Reports Cease Following Positive FY2024 Audit

Link: https://links.sgx.com/1.0.0/corporate-announcements/A4NN21T74IF7DYW9/491c8fcf69291b49f3124dfda9e7632d21622e1c63ff936e48f7788328ad98b0

Summary:

  • Polaris Ltd. has announced that it will cease quarterly reporting of its financial statements, with the change effective immediately.
  • This decision follows the issuance of an unqualified audit opinion on the Group's audited financial statements for the financial year 2024.
  • Consequently, the company is no longer required to perform quarterly financial reporting under the specific provision (Rule 705(2)) of the Catalist Rules.
  • Polaris Ltd. will instead transition to reporting its condensed interim consolidated financial statements on a half-yearly basis.
  • The next financial report, covering the six-month period ending June 30, 2025, is scheduled for release on or before August 14, 2025.