April 22, 2021/NGX Group

Austin Laz & Company Plc released its Q1 2021 unaudited results for the period ended March 31st, 2021.

In the summary provided by the company in its financial statements, it stated thus:

‘Austin Laz & Company Plc is currently undergoing operational challenges. Consequently, all production activities are in suspension pending the resolution of the challenges. Meanwhile, the company hereby presents the Statement of Affairs for the first quarter ended 31 March, 2021.’

No Revenue, PBT and PAT figures were provided by the company.