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SNG - Singulus Technologies AG News Story

€4.95 -0.0  -0.8%

Last Trade - 14/05/21

Sector
Industrials
Size
Micro Cap
Market Cap £37.9m
Enterprise Value £48.3m
Revenue £33.7m
Position in Universe 856th / 1053

BRIEF-Singulus Technologies gives notice of loss amounting to half the capital stock

Thu 21st September, 2017 8:11am
Sept 21 (Reuters) - SINGULUS TECHNOLOGIES AG  SNGGk.DE  
    * DGAP-ADHOC:  NOTICE OF A LOSS AMOUNTING TO HALF THE 
CAPITAL STOCK OF SINGULUS TECHNOLOGIES AKTIENGESELLSCHAFT 
PURSUANT TO SECTION 92 (1) OF GERMAN STOCK CORPORATION ACT 
(AKTG) 
    * LOSS RESULTS PRINCIPALLY FROM DELAYED RECOGNITION OF 
REVENUE UNDER HGB 
    * HGB INTERIM FINANCIAL STATEMENTS AT 31 AUGUST 2017 SHOWED 
A LOSS FOR FINANCIAL YEAR IN PROGRESS OF EUR 16.7 MILLION 
    * SINGULUS TECHNOLOGIES - FOR MOST PART ACCEPTANCE OF 
SYSTEMS SUPPLIED FOR NEW PLANT FOR CIGS THIN-FILM SOLAR CELLS IN 
CHINA WILL NOT TAKE PLACE UNTIL START OF NEXT FY 
    * WILL IMMEDIATELY CALL AN EXTRAORDINARY GENERAL MEETING 
 
Source text for Eikon:  ID:nEQ1ZkKf0a  
Further company coverage:  SNGGk.DE  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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