Brief: On Real International updates on 3Q15 outlook

Canopy SkyFire

12/01/2016 08:17

Jan 12 (Reuters) - On Real International Holdings Ltd  8245.HK : 
 * Has recently been informed by its largest customer that customer has 
reformulated and changed their sales strategy 
 * On real international - loss of consumer two way radios orders from customer 
is expected to result in significant decrease in revenue of co for Q3 ended 
31 December 2015 
 * Says customer has ceased to place orders of consumer two way radios 
 * Due to transition of order placement, uncertainty of sales strategy of 
licensee in future, uncertain about impact of revenue of co in long term 
 * Loss of consumer two way radios orders from customer expected to have 
negative impact ON results for year ending 31 March 2016 
 * On real international- customer did not withdraw their preliminary sale 
forecasts of other models of two way radios 
 
 * Source text for Eikon  ID:nHKS6CjB8m  
 
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