Newtrac Foods FY26 Audit Qualifications Impact Statement

Newtrac Foods & Beverages Ltd has submitted a statement detailing the impact of audit qualifications for the financial year ended March 31, 2026. The company received a qualified opinion from auditors NKSC & Co. due to the unavailability of crucial records like loan agreements, receivables/payables confirmations, and supporting invoices. This prevented the auditors from verifying the company's financial position, loss, and cash flows. The financial figures presented, including turnover, expenditure, net profit/loss, and net worth, remain unchanged after adjusting for these qualifications, indicating no quantifiable impact on the reported numbers. Management is reviewing the concerns raised by the auditors.