Barakah Offshore's Auditor Issues 'Going Concern' Disclaimer
Barakah Offshore's Auditor Issues 'Going Concern' Disclaimer
Barakah Offshore Petroleum Bhd received a disclaimer of opinion from its independent auditor, HLB Ler Lum Chew PLT, regarding the "going concern" assumption in its financial statements for the fiscal year ended June 30, 2023, despite incurring a net loss of RM4 million for the year.
儘管該年度淨虧損400萬令吉，但Barakah Offshore Plt還是收到了其獨立核數師HLB Ler Lum Chew PLT就截至2023年6月30日的財年財務報表中的 “持續經營” 假設發表的免責聲明。
The auditor noted that the Practice Note 17 (PN17) company's current liabilities exceeded its current assets by RM18.21 million, with a deficit of shareholders' funds amounting to RM15.05 million, indicating a material uncertainty about the group's ability to continue as a going concern.
核數師指出，該業務說明17（PN17）公司的流動負債超過其流動資產1,821萬令吉，股東資金赤字爲1,505萬令吉，這表明該集團繼續經營的能力存在重大不確定性。
Barakah outlined measures taken to address this concern, including exploring business opportunities with non-oil and gas customers and securing contract extensions.
巴拉卡概述了爲解決這一問題而採取的措施，包括與非石油和天然氣客戶探索商機以及確保合同延期。
The company expects to resolve the material uncertainty in the subsequent financial year.
該公司預計將在下一個財政年度解決重大不確定性。
Barakah's shares closed 27.27% lower at 4 sen today, with a market capitalisation of RM36.77 million.
巴拉卡的股價今天收盤下跌27.27％，至4美分，市值爲3677萬令吉。
譯文內容由第三人軟體翻譯。