May 28, 2022

SB-Accounting

Accounting + Finance Blog

Presco Plc-Delay in Filing Audited Financial Statement for 2016

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Presco Plc has stated reasons for its delay in filing Audited Financial Statements, AFS, for 2016 financial year.

The statement says that Presco PLC has filed its audited financial statements for year ended 31st December 2017 to Nigerian Stock Exchange on 18th April 2017.

The reason for delay was as a result of late valuation of biological assets. The board wishes that all shareholders and shareholders should be aware of this fact.

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