Nam Lee Pressed Metal Industries Limited: Corrigendum to FY2025 Financial Statements

Nam Lee Pressed Metal Industries Limited (“the Company”) has issued a corrigendum regarding its Unaudited Condensed Interim Financial Statements for the financial year ended 30 September 2025. The corrigendum, released on 3 December 2025 and signed by Managing Director Eric Yong Han Keong, addresses corrections to selected notes in the original financial results that were published on 28 November 2025.

Key Correction Announced

The board clarified that the correction pertains specifically to the disclosures on pages 10 and 14 of the original financial report. The affected areas are:

• Geographical segment information for revenue for FY2025
• Commentary to the statement of profit or loss and statement of other comprehensive income

Importantly, the company emphasized that these corrections do not affect the overall financial position or results of the Company as previously released.

Impact on Financial Metrics and Performance Trends

No specific financial metrics (such as revenue, net profit, earnings per share, or dividends) are restated in the corrigendum. The company explicitly states that the overall financial results remain unchanged. Therefore, no year-over-year (YoY) or quarter-over-quarter (QoQ) comparison table is necessary, as there are no revised figures or performance trends disclosed in the corrigendum.

Errors or Inconsistencies in the Financials

The company identified inconsistencies in the reporting of geographical segment revenue and commentary on profit or loss. By issuing this corrigendum, Nam Lee Pressed Metal demonstrates its commitment to transparency and accurate reporting. However, since the corrections are described as non-material (not affecting overall results), there is no indication of significant errors or misstatements in the core financials.

Other Corporate Developments

There is no mention of dividends, asset revaluation, exceptional items, directors’ remuneration, fundraising activities, corporate actions, or significant events that could affect the business in this corrigendum.

Chairman’s Statement

The corrigendum does not include a Chairman’s Statement or any management commentary beyond the formal correction notice.

Conclusion and Investment Recommendation

Overall Assessment:
The corrigendum issued by Nam Lee Pressed Metal Industries Limited is a routine clarification which does not impact the company’s previously reported financial results. The correction only affects certain disclosures regarding revenue segmentation and profit/loss commentary, and the company has assured stakeholders that its financial standing and overall performance remain unchanged.

• For Current Shareholders:
  
  The corrigendum is not material to the investment case. There is no change to previously reported financial results or outlook. If you are holding the stock, there is no immediate reason to alter your position based on this announcement alone. However, continue to monitor future disclosures for any operational updates.
• For Potential Investors:
  
  The corrigendum does not provide new financial information or signal any immediate risks or opportunities. If you are considering an investment, you may wish to wait for the next set of full results or additional disclosures before making a decision.

Disclaimer: This analysis is based solely on the content of the company’s corrigendum released on 3 December 2025. No specific financial figures or new performance indicators were disclosed in this document. Investors should review the latest full financial reports and conduct their own due diligence before making any investment decisions.

View Nam Lee Metal Historical chart here