Link: https://links.sgx.com/1.0.0/corporate-announcements/J9XBCXUSKF8KI8CN/7436b7704f1d7783a6ec35e36ccf8615b24b702e740fea6eca31204bd2bdfcef

Summary:

• Material differences emerged between Net Pacific’s unaudited and audited financials for FY2025 following regulatory and audit reviews.

• Group revised down loss for the year by HK$2.1 million due to reclassifications, independent asset valuations, and accounting standard updates related to deferred taxes, goodwill, and fair value measurements.

• Notable changes include increased impairment on goodwill and plant, larger gain on derecognition of a financial asset, and recalculation of trade receivables and loans.

• Audited results now: revenue HK$79.3 million; net loss HK$29.99 million vs prior unaudited HK$32.09 million.

• Shareholders advised to consult professionals and remain cautious, as further disclosures on accounting treatments are included per regulatory instructions.

• Announcement backed by Board and reviewed by corporate sponsor, with full explanatory notes outlining financial adjustments.