Financial news
Written by: Zhang Weilun
2020-03-19 22:22
Last updated: 2020-03-19 22:22The pneumonia epidemic in Wuhan is spreading all over the world. In order to further weaken the immune situation, many countries have introduced measures to close cities and customs, which greatly affects economic and commercial activities. Earlier, Hong Kong auditors pointed out that because they were unable to travel to mainland customers to conduct audit work, they required regulators to allow affected companies to delay the release of their performance so as to avoid the suspension of listed companies. Asia Television (0707) stated in the announcement that it is currently in discussions with the auditors on the review of financial results as of the end of last year, and was informed that due to the epidemic suspension and failure to implement travel restrictions, the progress of related audits in China and Malaysia was affected.
The company has been compiling financial results up to the end of last year, but the publication of full-year results may be delayed in accordance with rules 13.49 (1) and 13.49 (2) of the Hong Kong Stock Exchange (0388) Listing Rules. In order to enable shareholders and potential investors to grasp the company's financial position, it is expected to publish preliminary unaudited financial results up to the end of last year, as well as audited comparative figures for the same period in 2018.
The company will hold a directors ’meeting on the 31st of this month to approve the preliminary unaudited financial results of last year, together with the audited comparative figures for the same period in 2018.
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