Zimplow delays results

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Net interest income registered a solid performance during the year 2021, rising by 212 percent from $1,06 billion in 2020 to $3,30 billion in 2021

ZIMPLOW Holdings says it will not be able to publish its abridged audited financial statements for the year ended December 31, 2021 by the stipulated date — April 30, 2022.

The delay is due to the extensive work necessary to conform to the requirement that financial statements are adjusted for hyper-inflation so as to comply with international accounting standard 29 – Financial Reporting in Hyperinflationary Economies, the company said in a statement Tuesday.

The board anticipates that the abridged audited financial statements will be published by May 31, 2022.

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