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ReTo Eco-Solutions Corrects Financial Overstatement
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ReTo Eco-Solutions Corrects Financial Overstatement

Reto Eco-Solutions (RETO) has released an update.

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ReTo Eco-Solutions, Inc. has identified and is set to correct an error in its financial statements for the first half of 2023, specifically regarding the overstatement of share-based compensation expenses. The company confirmed that this will not affect its tax or cash flow. The corrected financial statements will replace the erroneous ones and will be incorporated into the company’s future reports.

For further insights into RETO stock, check out TipRanks’ Stock Analysis page.

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