Wai Hung Group Hit by Auditor Disclaimer Over Financial Uncertainties

Reuters

Jan 15

<a href="https://laohu8.com/S/03321">Wai Hung</a> Group Hit by Auditor Disclaimer Over Financial Uncertainties

Wai Hung Group Holdings Ltd. is facing an accounting issue after its auditor issued a disclaimer of opinion on the company’s consolidated financial statements for the year ended 31 December 2024. The disclaimer was due to significant uncertainties regarding the Group’s ability to continue as a going concern, including its net loss position, limited financial resources, and default on repayment of bank loans. In response, the company has announced various measures to improve its liquidity and financial position, including restructuring bank borrowings, generating cash inflow from ongoing projects, and exploring equity fund raising.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wai Hung Group Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260115-11992646), on January 15, 2026, and is solely responsible for the information contained therein.

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