Nawaloka Hospitals reports strong fiscal performance for FY23-24, resolves disclaimer points

Tuesday, 13 February 2024 00:02 - - {{hitsCtrl.values.hits}}

Nawaloka Hospitals PLC marked strong financial performance for the 2023-24 financial year, as reported on the company’s annual report for the same period.

This announcement comes in response to a previous news article released from Nawaloka Hospitals PLC, mistakenly mentioning the 2022-23 financial year instead of 2023-24. We regret this error.

Moreover, the company also informs investors and stakeholders of the successful resolving of disclaimer points raised in the previous report and has ensured that the current financial year’s accounts are strictly reported on and are in order.

Addressing the disclaimer points, Nawaloka Hospitals PLC has undertaken a proactive approach to risk management and financial stability and has taken measures to aggressively provision for long outstanding balances.