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BRIEF-FIH Mobile expects to record consol HY net loss to be less than US$110 mln
April 3, 2017 / 9:00 AM / in 4 months

BRIEF-FIH Mobile expects to record consol HY net loss to be less than US$110 mln

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April 3 (Reuters) - Fih Mobile Ltd

* Expects interim results of group for six months ending 30 June 2017 to record a consolidated net loss

* Expects group's consolidated net loss for six months ending 30 June 2017 to be less than US$110 million

* Board expects group's turnover during six months ending 30 JUNE 2017 to exceed us$4.6 billion

* Expected results primarily as a result of costs relating to a new business group within company under a collaboration agreement

* "Board currently expects those costs to continue into second half of 2017" Source (bit.ly/2nRdJfJ) Further company coverage:

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