TGA thorn group limited

News: TGA Thorn Group Says Year End Profit After Tax May Be Reduced Down To A Loss

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    Jan 31 (Reuters) - Thorn Group Ltd (TGA) :

    • ADVISES YEAR END PROFIT AFTER TAX FOR YEAR ENDING ON 31 MARCH 2019 MAY BE REDUCED DOWN TO A LOSS IN ORDER OF $6 MILLION
    • THORN'S TOTAL EXPOSURE TO DEFAULTS ON LEASE PAYMENTS COULD AMOUNT UP TO $10.5 MILLION
 
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