StockWatch
·
Dairy Products
Quarterly Result22 May 2026, 05:02 pm

Milkfood Ltd: Audited Results for FY26 Approved

AI Summary

Milkfood Ltd's Board of Directors approved the audited financial results for the quarter and financial year ended March 31, 2026, along with the auditor's report and statement on the impact of audit qualifications. The results will be published in newspapers and on the company's website. The auditor's report includes a modified opinion due to revaluation of land, retrospective re-evaluation of vehicle life, and share-based expense classification. The audit also draws attention to notes regarding profit on sale of property, trade receivables, advances to suppliers/employees, and GST matters.

Key Highlights

  • Milkfood Ltd approved audited financial results for FY26 on May 22, 2026.
  • Auditor's report includes a modified opinion due to certain accounting treatments.
  • Financial results will be published in newspapers and on the company website.
  • Auditor draws attention to notes regarding property sale, receivables, advances and GST.
  • Board meeting commenced at 6 P.M. and concluded at 8 P.M.