The challenging business operating environment continued to impact negatively on manufacturing companies in Nigeria, reflected by Austin Laz Plc 2016 audited financial statement. The company’s 2016 financial year result recently released showed that it recorded loss before tax of N146,038
The sum of N16.7 million has so far been paid by seven companies that breached post listing rule of the Nigerian Stock Exchange (NSE) on timely filing of audited financial statements. Guinea Insurance accounted for about 12 per cent of the amount with N10.7 million for defaulting in filing first quarter, second quarter and third […]