FDB Holdings Ltd. Issues Clarification on 2025 Interim Results and 2024 Financial Reports

Reuters
Sep 12
FDB Holdings Ltd. Issues Clarification on 2025 Interim Results and 2024 Financial Reports

FDB Holdings Ltd. has issued a clarification announcement regarding discrepancies in its financial statements. The company, led by Chairman and CEO Ng Kin Siu, identified non-cash transaction errors in the condensed consolidated statement of cash flows in its 2025 Interim Results Announcement and 2024 Interim Report. Specifically, an advance from joint ventures of HK$510,252 and repayments to joint ventures of HK$500,434 were restated to HK$103,257 and HK$93,439, respectively. The clarifications do not impact the overall net cash generated from financing activities for the periods in question. All other information in the reports remains unchanged.

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