Zimbabwe Stock Exchange-listed (but currently suspended) sugar processor Hippo Valley Estates Limited says it expects to make headway on the publication of its financial results for the tear to March 2019.
“The board will issue a further update to shareholders on or about 18 November 2019 which will include the release date for the annual financial statements for the year ended 31 March 2019 and the date of the annual general meeting for the same period,” said Hippo in a cautionary today.
The company missed its latest deadline to publish the results – October 31, 2019.
“The financial review has been complex and extensive, going back some years. As a result, the process of completing the company’s audited financial statements for the year ended 31 March 2019 is still ongoing and will extend beyond the previously advised date of 31 October 2019,” said the sugar processor.
Hippo Valley’s shares remain suspended.