Protech Khuthele: Audit delays release of annual results

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Publication of Protech Khuthele’s annual financial results had been delayed, the listed civil engineering group reported on Friday. The company had been scheduled to release audited results for the year to February today. It said the audit was in the process of being finalised but was taking longer than anticipated and would not be published before the end of this month. It said the planned analyst presentations scheduled to be held in Cape Town today and in Johannesburg on Wednesday would be rescheduled. The firm stressed that it maintained its commitment to meeting the high standards of compliance set by the JSE in the protection of stakeholder interests. The shares fell 3.03 percent to close at 32c on Friday. – Roy Cokayne

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