Keybridge Capital Reports Notable Financial Adjustments

Keybridge Capital Limited (AU:KBC) has released an update.

Keybridge Capital Limited has reported significant differences between its unaudited and audited financial results for the fiscal year ending June 2024, primarily due to the revaluation of investments and additional accruals and provisions. The company’s stake in Yowie Group Limited has been adjusted to reflect market value, resulting in a notable decrease in asset valuation. These adjustments have impacted the company’s profit and loss figures, highlighting the importance of thorough auditing processes in financial reporting.

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