Karachi: Burshane LPG (Pakistan) Limited has recently communicated corrections regarding its 2024 Annual Report, addressing specific inaccuracies that were identified during their audit process. This notification was issued to stakeholders and the Pakistan Stock Exchange on October 15, 2024.

The company pinpointed two primary errors in their initial report distributed on October 7, 2024. The first error involved a misstatement on page 61 in the section "Report on Other Legal and Regulatory Requirements," where the disclosure was incorrectly qualified. The second error was found on page 123 under "Impairment of Goodwill - Key Audit Matter (KAM)," referencing an incorrect note number, which should have been "note 7.2" instead of "note 8.2."

According to information available from the Pakistan Stock Exchange (PSX), Burshane LPG has taken swift action to rectify these issues by issuing an updated version of the report, ensuring transparency and accuracy in its financial communications. This revised document is now available for public review on the company's website.

The corrections stem from Burshane LPG's commitment to uphold stringent compliance standards and maintain trust with its shareholders and the wider financial community. The company appreciates the understanding and continued support from its stakeholders as it strives to ensure the highest levels of corporate governance.