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Quarterly Result8 Sept 2026, 07:00 pm

Futura Polyesters Ltd: Unaudited Results Declared After Delay

AI Summary

Futura Polyesters Ltd has announced its unaudited financial results for the quarter ended June 30, 2024, along with a limited review report from its statutory auditors. The company cited significant administrative difficulties, primarily a severe shortage of staff in its finance, accounting, and compliance teams, as the reason for the delay in submitting its financial results. The Board of Directors has approved these results. The company also confirmed its intention to disclose all pending financial results, covering periods from September 2020 to March 2025, and plans to upload them on its website. Futura Polyesters is working towards lifting the trading suspension on its shares.

Key Highlights

  • Unaudited financial results for Q1 FY25 declared.
  • Delay attributed to staff shortages and administrative difficulties.
  • All pending financial results from Sep 2020 to Mar 2025 to be disclosed.
  • Company aims to lift trading suspension on its shares.
  • Board of Directors has approved the results.