Halwani Bros delays disclosing Q1 results

05/05/2019 Argaam

 

Halwani Bros could not issue its audited financial statements for the first quarter of 2019 on time, as the ordinary general assembly needed to appoint the auditor for Q1 was not held, the firm said in a bourse statement.

 

Due to this delay, trading on the stock will be suspended on Tadawul for one session on May 13.

 

The company will exert all efforts to reveal its results before the disclosures’ deadline, it said.

 

The ordinary general assembly meeting will be held on May 20, during which the auditor will be hired for Q1 2019 financial statements, it added.

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