Brief: Unified Factory Posts Net Loss In Q1, Withdraws FY Guidance

Unified Factory SA

02/07/2018 11:20

July 2 (Reuters) - UNIFIED FACTORY SA  UFCP.WA :
    * SAID ON FRIDAY THAT ITS Q1 REVENUE WAS 6.1 MILLION ZLOTYS
VERSUS
7.6 MILLION ZLOTYS YEAR AGO
    * Q1 NET LOSS WAS 0.7 MILLION ZLOTYS VERSUS PROFIT OF 1.2
MILLION
ZLOTYS YEAR AGO
    * WITHDRAWS ITS FY 2018 FINANCIAL FORECAST ANNOUNCED IN
AUGUST
2017 AND CONFIRMED IN JANUARY 2018  urn:newsml:reuters.com:*:nFWN1L7032
    * SAYS THE WITHDRAWAL DUE TO, AMONG OTHERS, "SIGNIFICANTLY"
LOWER
THAN FORECASTED Q1 RESULTS AND LIKELIHOOD OF THE CONTINUATION OF
NEGATIVE TENDENCIES IN THE FOLLOWING QUARTER
    * ADDS THAT THE FUTURE OPERATIONAL RESULTS MIGHT BE AFFECTED
BY
POTENTIAL IMPAIRMENTS AND LOWER LEVEL OF INVESTMENT IN THE
DEVELOPMENT OF CUSTOMER SERVICE AUTOMATION PLATFORM
    * SAYS THAT IT HAD TO RESIGN FROM SETTING UP A COMPANY IN
THE
PHILIPPINES FOLLOWING THE SUSPENDED NEGOTIATIONS WITH COINVESTOR
    * CO INFORMED ABOUT INVESTMENT PLANS IN THE PHILIPPINES IN
OCTOBER
2017  urn:newsml:reuters.com:*:nFWN1MR0DF

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEB2YVcxH  urn:newsml:reuters.com:*:nEBwmxl0
    
 Further company coverage:  UFCP.WA  
   


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