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BRIEF-C & I Leasing Says Informed Of Likely Financial Error In Audited Accounts Of Ghana Subsidiary

Published 09/12/2019, 17:27
Updated 09/12/2019, 17:36
© Reuters.  BRIEF-C & I Leasing Says Informed Of Likely Financial Error In Audited Accounts Of Ghana Subsidiary

Dec 9 (Reuters) - C & I Leasing Plc CILEASI.LG :

* HAS BEEN DULY INFORMED OF A LIKELY FINANCIAL ERROR IN THE

AUDITED ACCOUNTS OF ITS GHANA SUBSIDIARY, LEASAFRIC GHANA

LIMITED

* BOARD OF DIRECTORS OF LEASAFRIC GHANA WILL MEET ON

TUESDAY, 10TH

DECEMBER, 2019 TO REVIEW THE MATTER

* ESTIMATE THAT THE WRITE-OFF OF THE AMOUNT MAY NOT HAVE ANY

MATERIAL IMPACT ON THE GROUP'S NET EARNINGS FOR 2019

* WE EXPECT TO MEET OUR PROFIT TARGETS FOR 2020 AND BEYOND

* EXACT AMOUNT IN QUESTION WILL BE ASCERTAINED BY THE

ONGOING

INVESTIGATIONS ON FINANCIAL ERROR

Source text for Eikon: ID:

Further company coverage: CILEASI.LG

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