14 Oct 2013

NZF Group expects to release financial statements next week

7:15 am on 14 October 2013

Troubled finance company NZF Group says it now expects to release its audited financial statements for the 12 months to March by next week.

The company says the delays were outside its control.

Last week, NZF announced the sale of its 20% stake in Resimac NZ Home Loans and associated assets for $1.25 million to Resimac's Australian parent which is below the stake's $2 million book value.