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April 26 (Reuters) - CPT Global Ltd (CGO) : MARKET CONDITIONS...

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    26/04/23
    10:25
    Post #: 67453024

    April 26 (Reuters) - CPT Global Ltd (CGO) :

    • MARKET CONDITIONS DETERIORATED SHARPLY IN Q3
    • NORTH AMERICAN BUSINESS WAS IMPACTED WITH MONTHLY REVENUE DROPPING BY AROUND 40% FROM Q2 TO Q3
    • MARKET CONDITIONS DETERIORATING IMPACTING PROJECT EXTENSIONS AND CAUSING DELAYS IN APPROVAL OF NEW BUSINESS
    • EXPECT FULL YEAR REVENUE TO BE LOWER THAN FY 2022'S A$29.9M AND FOR A LOSS TO BE RECORDED IN H2
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