Green River Posts NT$8.59B Loss in Q3, Auditor Flags Going Concern Uncertainty on Nov 13

According to a regulatory filing on November 13, auditors issued an unqualified opinion on Green River Co., Ltd.'s Q3 consolidated financial statements while warning of substantial doubt regarding the company's ability to continue operations. The company reported a net loss of NT$8.59 billion for the nine months ended September 30, 2026.

The auditor flagged that current liabilities exceeded current assets by NT$6.69 billion as of September 30, 2026, and accumulated losses reached NT$19.1 billion, indicating severe liquidity concerns. The company plans to address the situation through new biomass pellet production line operations, selective asset rental, and private equity placement to strengthen shareholder equity.

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