BYL 0.00% 8.0¢ brierty limited

News: BYL Brierty issues profit guidance

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    June 20 (Reuters) - Brierty Ltd (BYL) :

    • Company now expecting to report an underlying net loss after tax of $10 to

      $12 million for FY 2016

    • Forecast result primarily due to pre-tax loss associated with north west

      coastal highway (NWCH) project increasing to $22 million

    • Further impairment of approximately $23 million related to the carrying value

      of equipment, following independent valuation

                        
 
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