Hilong Holding Limited Publishes Audited Financial Results for FY2024 with Disclaimer of Opinion
Reuters
Jul 07
Hilong Holding Limited Publishes Audited Financial Results for FY2024 with Disclaimer of Opinion
Hilong Holding Limited has released its audited financial results for the year ended December 31, 2024. The announcement, published as a supplemental statement to the company's 2024 Annual Report, provides additional details concerning a Disclaimer of Opinion issued by Crowe (HK) CPA Limited, the company's auditor. This disclaimer pertains to the consolidated financial statements of the Group for the fiscal year 2024. The board of directors has addressed concerns raised during the audit and remains confident in the company's financial position, projecting improvements in cash flow and cost savings through 2025. Despite a winding-up petition filed in May 2025, Hilong Holding Limited is actively working towards a restructuring agreement and has implemented measures to enhance financial stability.
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