News: MEA Australia's McGrath H1 loss narrows

Feb 18 (Reuters) - Australia's McGrath Ltd (MEA) on Monday reported a loss in the first half of the fiscal year and said market conditions were expected to remain soft during 2019.

Australia's biggest listed real estate agency posted a loss of A$9.6 million ($6.85 million) in the six months ended Dec. 31, 2018, compared with a loss of $A25.5 million in the previous corresponding period. ($1 = 1.4017 Australian dollars)