Brief: Acromec group issues profit guidance

AcroMeta

28/10/2016 10:10

Oct 28 (Reuters) -    Acromec Ltd  ACRO.SI  
    * Group is expected to incur a net loss for fy2016 
    * Net loss is attributed to substantial one-off professional 
fees incurred in relation to initial public offering exercise 
    * Acromec ltd- lower gross profit margins reported for 
fy2016 mainly due to recognition of additional cost incurred in 
a few of major projects in second half of fy 
 
 
     
     
    Source text for Eikon:  ID:nSNZ5WHnzW  
    Further company coverage:  ACRO.SI  
 
 ((Bangalore.newsroom@thomsonreuters.com ;))