FilingReader Intelligence

Totech corrects FY3/25 financial results due to order errors

June 12, 2025 at 12:06 PM UTCBy FilingReader AI

Totech Corporation has issued a correction to its previously released FY3/25 financial results, citing errors in the recording of orders received and order backlogs across its business segments. The company stated that the errors were discovered during an internal review of segment-specific data. Key revisions include adjustments to order backlog in the construction business, now reported as a +11.2% increase year-over-year instead of the previously stated +13.3%, and a corresponding adjustment to product sales orders, now indicating a -1.1% decrease instead of the initial -3.2%. Corrected materials are available on the company's investor relations website. The company emphasized that overall order backlog remains strong due to its strategic order acquisition approach.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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