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News: KOV Korvest expects to record trading loss for first half of FY2017

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    07/10/16
    16:10
    Post #: 19703705

    Oct 7 (Reuters) - Korvest Ltd (KOV)

    • Advise that absence of major project work in markets serviced by korvest has resulted in a q1 trading loss
    • There is not currently an expectation that the markets will significantly improve in Q2
    • Expected that korvest will record a trading loss for first half of FY2017
    • Based on current best estimates loss could be in range of $1.3 to $1.6 million
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