Brief: Highcom Sees Net Loss In Range Of A$13 Mln To A$15 Mln For Half Year
Feb 12 (Reuters) - Highcom Ltd HCL.AX :
* NET LOSS IN RANGE OF A$13M TO A$15M EXPECTED FOR HALF YEAR
* COMMENCED COMPANY-WIDE REVIEW WHICH WILL RESULT IN A RANGE
OF
COST-REDUCTION INITIATIVES
* REVIEW TO RETURN CO TO EBITDA POSITIVE POSITION FOR 2H
* EXPECTED RESULT DUE TO DISAPPOINTING SALES, AMONG OTHERS
Source text for Eikon: ID:nASX3HyH2C
Further company coverage: HCL.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Highcom
See all newsAustralia's HighCom rises on unit securing A$1.4 million order
Brief: Highcom Announces AUD$1.41 Million Small Uncrewed Aerial Systems Spares Order
Australia's HighCom soars to over two-month high on contract win
Brief: Highcom Ltd Reports FY Revenue From Ordinary Activities A$29.6 Million
Brief: Highcom Discloses AUD$1.83 Million Small Uncrewed Aerial Systems Spares Order