Brief: Major Drilling Q3 loss per share C$0.20

Major Drilling International

02/03/2016 22:00

March 2 (Reuters) - Major Drilling Group International Inc  MDI.TO : 
 * Announces third quarter results 
 * Q3 loss per share C$0.20 
 * Q3 revenue rose 3 percent to C$71.9 million 
 * Says "foresee difficult market conditions continuing for the first half of 
   calendar 2016" 
 * Says board of directors has decided to suspend the dividend 
 * Major drilling group - recorded a restructuring charge of $1.5 million in 
   quarter, relating to decision to close operations in south africa,namibia 
 
 * Source text for Eikon  ID:nCCN9GRkCM  
 * Further company coverage  MDI.TO  
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