Chase Bright Steel Ltd — Board Meeting, 06-08-2025: Board Meeting

CHASE BRIGHT STEEL LTD has announced a board meeting on August 06, 2025, where it approved the financial results for the quarter ended June 30, 2025. The company reported a loss of **0.1349 Cr** for the quarter, with total revenue at **0.0189 Cr** and basic EPS at **-0.81 Rs**. The auditor highlighted significant concerns about the company's ability to continue as a going concern due to substantial accumulated losses (exceeding capital and reserves), current liabilities surpassing assets, and the departure of most staff. Management continues to prepare accounts on a going concern basis, citing ongoing efforts to reduce expenses and generate revenue.