Brief: Goodfellow announces delay in filing its quarterly financial statements

Goodfellow

13/10/2016 12:45

Oct 13 (Reuters) - Goodfellow Inc  GDL.TO  
    * Goodfellow announces delay in filing its quarterly 
financial statements 
    * Goodfellow management has recently noticed certain 
discrepancies, relating mainly to cost of inventory 
    * Goodfellow will not be able to file by october 15, 2016 
its interim financial report for quarter ended august 31, 2016 
    * Goodfellow Corp expects being able to file its q3 
financial information by end of its fiscal year ending november 
30, 2016 
    * A team of KPMG is assisting Goodfellow in making ongoing 
verifications 
    * Goodfellow - difficulties stem from implementation at 
beginning of current fy on Dec 1, 2015 of Co's new integrated 
financial information system 
 
Source text for Eikon:  ID:nCCN7ks0hT  
Further company coverage:  GDL.TO  
 
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