The board of directors of VibroPower Corporation Limited announced the change of the Group's financial year end from 31 December to 31 March. Following the change in financial year end, the financial year of the Group will end on 31 March annually and the current financial year will cover a period of 15 months from 1 January 2021 to 31 March 2022. The change of financial year end was arrived at after taking into consideration the Group's reporting requirements as well as the Group's resources, manpower and administrative demands.

The change in financial year reporting will facilitate better management of resources and internal processes resulting in better administrative and operational efficiencies for the Group.