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Tungray Technologies Inc Class A ( (TRSG) ) has shared an update.
Tungray Technologies Inc has announced that its financial statements for the years 2021 through 2023 can no longer be relied upon due to discovered misstatements. The company intends to restate these financial statements, addressing issues related to improper income tax expense recording and incorrect asset amortization. This decision follows discussions with the company’s audit committee and independent auditors, highlighting significant implications for stakeholders as the company works to file corrected statements promptly.
More about Tungray Technologies Inc Class A
YTD Price Performance: -63.36%
Average Trading Volume: 15,429
Technical Sentiment Consensus Rating: Strong Buy
For an in-depth examination of TRSG stock, go to TipRanks’ Stock Analysis page.
