StockWatch
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Heavy Electrical Equipment
Quarterly Result14 Feb 2026, 05:35 pm

IMP Powers Ltd Reports Q3 and Nine Months Results for 2025, With Qualified Opinion from Auditor

AI Summary

IMP Powers Ltd has reported its un-audited financial results for the third quarter and nine months ended on December 31, 2025. The results were reviewed by the Audit Committee and approved by the Board of Directors. However, the Independent Auditor's Review Report expressed a qualified opinion due to several issues, including the need for confirmation and reconciliation of certain balances, potential impairment of assets, and the valuation of inventory. The company has acknowledged these issues and is taking steps to address them. The Management is responsible for the preparation of the financial results, including the assessment of the company's ability to continue as a going concern.

Key Highlights

  • IMP Powers Ltd reported its Q3 and nine months results for 2025
  • The results were reviewed by the Audit Committee and approved by the Board of Directors
  • Independent Auditor's Review Report expressed a qualified opinion
  • Several issues were identified, including the need for confirmation and reconciliation of certain balances, potential impairment of assets, and the valuation of inventory
  • The company is taking steps to address these issues
  • The Management is responsible for the preparation of the financial results