An audit provides legitimacy via financial statements, assures shareholders that the accounts are accurate and fair. It also creates improvement opportunities for a corporation’s internal systems and controls. As a registered corporate entity that thrives on business performance and integrity, we hold transparency and disclosure in high regard.
Forbes quoted, “Business transparency is the process of being open, honest and straightforward”. Our main revenue comes from Contract Management, we apportion resources with priority in other strategies.
Our accumulated gross profits have gone down from 2020 to 2022. The figures of MYR 1.6 million in 2020, MYR 1.8 million in 2021 and MYR 1.6 million in 2022 have shrunk moderately.
Endona has been a compliant taxpayer for corporate and other regulatory taxes. During pandemic, our corporate taxes have actually increased and support those less fortunate than us through Zakat payments.
A prospectus is a significant feature of corporate identity because it displays business worthiness during the public offering investment instruments. It will educate prospective investors of Endona with an in depth status of the company and its value. Developing and executing a sound strategy is essential for the success of any organization.
Referring from our hypothesis on food security, this section will discuss the move to boost agricultural output and increase demand due to population growth somehow reduced crop yields.