*R.T Briscoe to file report late
Courteville Business Solution Plc a listed company on The Nigerian Exchange yesterday announced its financial projection for the second quarter of 2022 with a profit after tax of N96.396 million, a total income of N815.776 million, and a total expense of N695.406 million respectively.
Earlier in the year, the year ended December 31st, 2021, the group announced a profit after tax of N337.079 million an increase of 119.48 percent from N153.579 million in 2020 while the company alone posted a profit after tax of N249.150 million a growth of 115.72 percent from N161.852 million in 2020.
However, the stock has continued to be active on the floor of the exchange as it traded 10.571 million shares worth N6.322 million in just 69 deals leaving the stock as the 9th most traded stock on Monday.
Meanwhile, R. T Briscoe (Nigeria) sent in a notice to The Exchange for the delay in the filing of its audited financial statements for the year ended 31st December 2021 and the unaudited financial statements for the period ending 31st March 2022.
The board and management of R.T. Briscoe (Nigeria) plc (“the company”) hereby inform Nigerian exchange limited (NGX or The Exchange), the company’s shareholders, and the general public that filing of the audited financial statements of the company for the year ended 31st December 2021would be delayed due to the required referral of the accounts to the financial reporting council of Nigeria for regulatory review.
According to the notice, Mr Seyi Onajide, the Group Managing Director/ CEO of the company said as a consequence of the provisions of the exchange’s listing rules on filing of quarterly financial statements, this precludes the company from announcing subsequent interim accounts without having first filed its last audited financial statements.
The filing of the unaudited financial statements for the period ending 31st March 2022 would also be delayed. “We are confident that the 2021 audited result and the 2022 first-quarter unaudited result would be filed at the latest on or before the 30th of June 2022” he said
