Troubled lingerie-maker Top Form International has announced a disastrous set of interim results.
It has admitted that its management is unable to comment on the company's financial adequacy and urged investors to 'exercise extreme caution' when trading in its shares resumes today.
The announcement has confirmed investors' worst fears, following the suspension of trading on March 21, when directors admitted there could be sizeable provisions in the interims.
Bankers are threatening to pull the rug from under the company.
Directors have said the continued support of the banks is essential if Top Form is to have a long-term future.
Yesterday's results revealed attributable profit had plunged from $11.3 million profit last year to a loss of $68 million in 1995, while earnings per share nose-dived from 17 cents in 1994 to a loss of 10.2 cents.