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financial-statement
2016ECConsolidated Financial Statements, 7 July 2024 (2016 E.C.)
Ethiopian Construction Works CorporationDisclosure summary
Consolidated IFRS financial statements of Ethiopian Construction Works Corporation for the year ended 7 July 2024, on which the Audit Service Corporation issued a qualified opinion dated 5 August 2025, with Ato Tegegn Hailemariam as engagement partner. The qualification covers an unreconciled difference of over ETB 278.79M between project office and head office receivable records and long-outstanding creditor balances of over ETB 2.54bn. The report restates the prior year: operating revenue for the year ended 7 July 2023 is presented as ETB 7.79bn and profit after tax as ETB 772.98M, against ETB 7.66bn and ETB 681.24M in the 2023 report.
Disclosure details
- Institution
- Ethiopian Construction Works Corporation
- Type
- financial-statement
- Fiscal year
- 2016EC
- Published
- Language
- English
- Pages
- 68
- File size
- 18.1 MB
- Source checked