Dongjun Holdings (08383) announced that the company will not be able to publish 202 on or before November 30, 2023...
According to the Zhitong Finance App, Dongjun Holdings (08383) announced that the company will not be able to publish the 2023 annual results and send the 2023 annual report on or before November 30, 2023. The extension was due to the company's additional time to provide the necessary information to Hong Kong Lixin Dehao Certified Public Accountants Limited to audit the Group's financial information for the year ended August 31, 2023, in particular impairment losses relating to inventory, fixed assets, and plant and machinery. The company is working closely with the auditors to provide all necessary information and documents to complete the audit procedures as soon as practicable. However, the expected publication date of the 2023 annual results is still subject to further discussion and determination with the auditors and will be announced in due course.
After careful and thorough consideration, the board of directors believes that it is inappropriate for the company to publish the company's unaudited management accounts for the year ending August 31, 2023 at this stage because the relevant management accounts may not accurately reflect the company's financial performance and situation. The company will publish separate announcements on the 2023 annual results, the 2023 annual report and any major developments in due course.
It is expected that trading of the company's shares on the Stock Exchange will be suspended from 9:00 a.m. on December 1, 2023 until the company publishes its 2023 annual results.