By InvestAdvocate
Lagos (INVESTADVOCATE)-Custodian & Allied Insurance Plc Friday said it was sorry for non-rendition of its 2012 audited result.
The company in a notice to the Nigerian Stock Exchange (NSE) and made available to InvestAdvocate said it wishes to apologize to its various stakeholders for the late release of its 2012 Audited, Q1 and Q2 results.
According to Custodian & Allied Insurance, the delay is as a result of the full adoption of the International Finance Reporting Standards ( IFRS) accounting policy for all its three (3) companies including the subsidiaries, Crusader General Insurance Ltd and Crusader Life Insurance Ltd, whose accounts have just been approved by the regulator.
The company said it’s hopeful that with this approval Custodian’s accounts will be released shortly including the Q1 and Q2 results.
