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Auditors question The Agency's ability to continue operations

Su-Lin Tan
Su-Lin TanReporter

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The future of The Agency is in limbo after an auditor's qualified audit report over its latest annual results questioned the company's ability to continue operations following another round of loss and poor cash flow.

The ASX-listed real estate firm this week reported a net loss of $7.83 million for the year ending June 30 in financial statements that caused auditor Bentleys to raise concerns about its ability to continue as a "going concern".

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Su-Lin Tan reported on housing, commercial real estate and property finance. She also covered China and Asian business, trade and politics. Connect with Su-Lin on Twitter. Email Su-Lin at stan@afr.com.au

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    Original URL: https://www.afr.com/property/residential/auditors-question-the-agency-s-ability-to-continue-operations-20191002-p52wwk