Brief: Krakchemia Books 3.0 Mln Zloty Impairment

Krakchemia SA

02/02/2018 10:16

Feb 2 (Reuters) - KRAKCHEMIA SA  KCH.WA : 
    * SAID ON THURSDAY THAT IT HAS CONDUCTED TESTS FOR LOSS OF 
VALUE 
OF ITS UNIT, MAXIMEX SP. Z O.O. 
    * FOLLOWING THE TESTS COMPANY CORRECTED ITS GOODWILL OF 9.1 
MILLION ZLOTYS BY 32.76 PERCENT DUE TO DECREASE IN TURNOVER WITH 
PLASTIC GRANULATES, WHICH ARE THE BASIS OF COMPANY'S ACTIVITY  
    * BASED ON THE RESULTS OF THE TEST IT HAS BOOKED A 3.0 
MILLION 
ZLOTY IMPAIRMENT CHARGE, WHICH IS AN ESTIMATION AND CAN STILL BE 
ADJUSTED 
    * THE IMPACT OF THE IMPAIRMENT ON ITS 2017 RESULT HAS NOT 
YET BEEN 
DETERMINED 
    * FINAL TEST RESULTS WILL BE PRESENTED IN COMPANY'S 
NON-CONSOLIDATED FY 2017 REPORT 
 
 
     
Source text for Eikon:  urn:newsml:reuters.com:*:nEM6MpV7Sa 
     
 Further company coverage:  KCH.WA   
    
 
 
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