Development Works Food says unable to publish Q2 2024 financials on time

This auditor was needed to review and audit the financial statements for Q2, Q3, Q4, and the annual statements for 2024, as well as Q1 2025.

The company confirmed that the draft financial statements will be prepared for approval by authorized parties and then for the external auditor's approval within five days after shareholders approve the auditor's appointment at the next OGM, the date for which will be announced later.

The company urged its shareholders to participate and vote on the OGM items, which will be held using modern technological means.

It also stated that it will provide monthly updates regarding the delay in publishing financial results and will ensure timely announcements if there are any significant developments.

Additionally, the company indicated that the expected date for publishing the financial results is Sept. 8, 2024. Trading of the listed securities will be suspended on Aug. 12, 2024, in accordance with listing rules.