SJG: Explanation of Audit Opinions on Consolidated Financial Statements for 2024

The consolidated financial statements for 2024 of SJG have been audited by an independent audit firm, and the audit opinions highlighted several points needing clarification. Firstly, the recognition of revenue and expenses complies with current accounting standards, but there are some liabilities that have not been clearly recorded, which may affect assets and profit. Secondly, investments in affiliated companies require further scrutiny as they may pose risks to financial statements. The management team has confirmed that they will take corrective measures to address these issues and ensure the accuracy of the financial records. SJG is committed to transparency and accountability in its financial reporting, aiming to provide reliable information to shareholders and investors.

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