28th Jun 2019 13:10
(Alliance News) - Malvern International PLC on Friday pushed back its 2018 results release yet again, but said it intends it publish the figures as soon as possible.
Without addressing why Thursday's deadline was missed, the company said it "continues to endeavour to finalise" its 2018 results as soon as possible, and will make a further announcement in due course.
Last week, the company said its 2018 annual results had been delayed as its audit was taking longer to complete than anticipated. Malvern at that time said the results will show revenue of GBP7.6 million compared to GBP4.0 million in 2017, an increase of 90%.
Malvern said it expects to report a loss after tax, adjusted for a number of one-off and non-recurring costs, of about GBP60,000, narrowed from GBP610,000 the year before. The company said this is "somewhat below" previous expectations.
Shares in the education company were down 4.9% at 2.71 pence on Friday.
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