ZGL zicom group limited
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Aug 17 (Reuters) - Zicom Group Ltd (ZGL) : EXPECTS TO INCUR A...

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    17/08/18
    18:20
    Post #: 35003657

    Aug 17 (Reuters) - Zicom Group Ltd (ZGL) :

    • EXPECTS TO INCUR A LOSS AFTER TAX OF BETWEEN S$11.0M TO S$11.5M FOR YEAR ENDED 30 JUNE 2018
    • EXPECTED LOSS DUE TO A DEEPENING DOWNTURN ON OFFSHORE MARINE SECTOR
    • SEES FY TOTAL GROSS REVENUE OF S$80.8M , DOWN 14% AS COMPARED WITH 2017
    • BOARD IS CONSIDERING A DEMERGER OF TECHNOLOGY INVESTMENTS FROM GROUP'S CORE BUSINESSES
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