A delay in its audit has led to Science in Sport PLC’s shares being suspended on AIM. The business said that it had been unable to publish its audited accounts for year ended 31st December 2022 as it had not had final sign-off by its auditors.
Science in Sport had announced unaudited results showing sales of £66.78m with a pre-tax loss of £10.6m. The loss was attributed in part to costs incurred in the closure of its Russian business amounting to £1.7m, shipping issues in the US at £0.9m and supply chain issues of £1.7m.
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