MEA mcgrath limited
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March 22 (Reuters) - Mcgrath Ltd (MEA) : CO GENERATED AN...

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    22/03/19
    17:20
    Post #: 37856505

    March 22 (Reuters) - Mcgrath Ltd (MEA) :

    • CO GENERATED AN UNDERLYING EBITDA LOSS FOR EIGHT MONTHS ENDED 28 FEBRUARY 2019 OF $4.5 MILLION
    • MARKET CONDITIONS REMAIN DIFFICULT TO FORECAST & IF CURRENT TRENDS CONTINUE, FURTHER LOSSES IN FINAL QUARTER ARE EXPECTED
    • SUBDUED MARKET CONDITIONS HAVE CONTINUED IN SECOND HALF
    • "DISAPPOINTED THAT REAL ESTATE SECTOR IS FACING CONTINUED HEADWINDS, EXACERBATED BY ELECTIONS, TIGHTER LENDING ENVIRONMENT"

    Source: http//bit.ly/2Okf0HH

    (([email protected];))

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