Brief: Zicom Group Says Expects To Record A Loss For Year Ended 30 June 2018

Zicom

17/08/2018 09:18

Aug 17 (Reuters) - Zicom Group Ltd  ZGL.AX :
    * EXPECTS TO INCUR A LOSS AFTER TAX OF BETWEEN S$11.0M TO
S$11.5M
FOR YEAR ENDED 30 JUNE 2018
    * EXPECTED LOSS DUE TO A DEEPENING DOWNTURN ON OFFSHORE
MARINE
SECTOR
    * SEES FY TOTAL GROSS REVENUE OF S$80.8M , DOWN 14% AS
COMPARED
WITH 2017
    * BOARD IS CONSIDERING A DEMERGER OF TECHNOLOGY INVESTMENTS
FROM
GROUP'S CORE BUSINESSES

Source text for Eikon:  urn:newsml:reuters.com:*:nASX3tdCF9
Further company coverage:  ZGL.AX 

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