TGA thorn group limited
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News: TGA Thorn Group Says Expects A Loss For Year

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    01/04/19
    11:15
    Post #: 37948581

    April 1 (Reuters) - Thorn Group Ltd (TGA) :

    • INITIATED A REVIEW OF COMPANY'S STRATEGIC OPTIONS
    • SEES A LOSS IN ORDER OF $8 MILLION FOR YEAR
    • EXPECTED RESULT DUE TO INCREASED ARREARS AND WRITE OFFS IN COMPANY'S CONSUMER LEASING BUSINESS
    • DOES NOT EXPECT TO PAY A FINAL DIVIDEND
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