Brief: SaltX Technology Says Write-Down Amounts To SEK 33.2 Mln

SaltX Technology Holding AB (publ)

22/08/2019 19:04

Aug 22 (Reuters) - SaltX Technology Holding AB  SALTb.ST :
    * SALTX WRITES DOWN DEVELOPMENT COSTS
    * WRITE-DOWN AMOUNTS TO A TOTAL OF SEK 33.2 MILLION
    * MEASURE IS AN ACCOUNTING MATTER AND HAS NO EFFECT ON CASH
FLOW
    * REMAINING VALUES IN BALANCE SHEET REGARDING CAPITALIZED
EXPENSES
IS SEK 74.2 MILLION AND RELATE TO BASIC TECHNOLOGY AND
APPLICATION ENERSTORE

Source text for Eikon:  ID:nWkr88kwRJ 
Further company coverage:  SALTb.ST 

 ((Reuters.Briefs@thomsonreuters.com;))