Newtrac Foods FY26 Audit Qualification Impact Statement

Newtrac Foods & Beverages Ltd has submitted a statement on the impact of audit qualifications for the financial year ended March 31, 2026. The audit report, issued by NKSC & Co., highlighted a qualified opinion due to the management's failure to provide necessary records like loan agreements, receivables/payables confirmations, and invoices. Consequently, the auditors could not verify the company's financial position or cash flows. The financial figures presented show no impact from these qualifications, with turnover, expenditure, net profit/loss, and assets/liabilities remaining unchanged. The management is reviewing the concerns, and the statement has been approved by the Audit Committee and Board of Directors.