Error20 Apr 2021 14:55
"The Board of CEPS announces that it has come to light during the audit of CEPS' full year results for the year ended 31 December 2020 that a material non-cash error of approximately £1.732 million, in relation to the exceptional profit on disposal, was made in the unaudited half-yearly report for the six months ended 30 June 2020 that was released on 25 September 2020 ("Interims"). The Interims showed an exceptional profit on the disposal of two loss-making subsidiaries, CEM Press Limited and Travelfast Limited (trading as Sampling International), of £2.555 million. The results for the full year are currently anticipated to show an exceptional profit on disposal of approximately £825,000."
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