Ki Group, an independent auditing firm unable to express an opinion on the financial statements

Cyberoo business continuity despite impact of operational offices in Ukraine

(Finance) – RSM Auditing and Accounting Organization was unable to express an opinion on the financial statements of exercise of Ki Group Holding, a company listed on Euronext Growth Milan and active as a holding company in the sector of organic and natural products. RSM points out of not having acquired sufficient and appropriate evidence on which to base one’s opinion with reference to: assumption of business continuity, valuation of equity investments in associated companies and provisions for risks and charges.

An economic-financial and equity plan has not been formalized of the company and the group and it was therefore not possible to verify the foreseeable evolution of management and the ability of the company to recover the assets and to meet the overdue debts and outstanding obligations, recorded in the financial statements at 31 December 2021 “, reads the review.

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