By Jabulani Khumalo
Hippo Valley Estates Limited company Tongaat Hulett said it will delay the announcement of the Audited Financial Statements.
This is to allow finalisation of complex reporting due to current economic environment
In a statement the company’s secretary Pauline Kadembo said the results of the company’s performance will be released in the next coming month July 29th.
“Hippo Valley Estates Limited (“the Company”) wishes to advise its shareholders that there will be a delay in publication of the Audited Financial Statements for the fi¬nancial year ended 31 March 2022, which were due on the 30th of June 2022,” she said .
“This is to allow finalization of complex reporting issues related to the current economic environment. The Company will publish the Audited Financial Statements by the 29th of July 2022.”
The Tongaat Hulett company leads in agri-business such as sugar, ethanol, animal feeds and cattle, with a significant asset base and footprint in Southern Africa.