Brief: Grand Banks Yachts expects net loss for quarter ended 31 March 2017
21/04/2017 10:35
April 21 (Reuters) - Grand Banks Yachts Ltd GBYL.SI :
* Group is expected to report a net loss for quarter ended
31 March 2017
* Expected results due to extensive additional hours
incurred for construction of first grand banks 60, which will be
expensed in Q3
* Group will record an unrealised qtrly exchange loss
arising from strengthening of Australian Dollar against
Malaysian Ringgit and U.S. Dollar
Source text for Eikon: ID:nSNb0PXlx
Further company coverage: GBYL.SI
((Bangalore.newsroom@thomsonreuters.com;))
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