Asia Pacific > EKI shares crash in India as offset project developer sees profits drop, accounting practices flagged by auditors

EKI shares crash in India as offset project developer sees profits drop, accounting practices flagged by auditors

Published 18:42 on February 13, 2023  /  Last updated at 13:06 on July 15, 2023  /  Asia Pacific, EMEA, International, Nature-based, South & Central, Voluntary

Shares of EKI Energy Services crashed on India’s BSE stock exchange Monday after the carbon credit project developer reported a sharp drop in profits and its auditors flagged issues with how it recognised customer revenues.
Shares of EKI Energy Services crashed on India’s BSE stock exchange Monday after the carbon credit project developer reported a sharp drop in profits and its auditors flagged issues with how it recognised customer revenues.


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