KUALA LUMPUR: Sapura Energy Bhd
said "no adjustments are needed for the recoverability and classification of assets or liabilities” after its external auditor raises the issue of it continuing as a going concern in an unqualified opinion on the state of the oil company’s finances for financial year 2024.
"The going concern basis for preparing financial statements is appropriate and no adjustments were necessary to be made to the financial statements relating to the recoverability and classification of the carrying amount of assets or the amount and classification of liabilities,” it said in a stock exchange filing.
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