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BRIEF-Global Invacom Group Ltd updates on profit guidance
December 22, 2016 / 12:55 AM / 9 months ago

BRIEF-Global Invacom Group Ltd updates on profit guidance

Dec 22 (Reuters) - Global Invacom Group Limited :

* Pdf 1: Global Invacom Group Limited (Profit Guidance)

* Expects to report a net loss for financial year ending 31 December 2016

* Expected results due to group’s consolidation of its manufacturing operations in People’s Republic Of China

* Will incur one-off shutdown expenses of approximately US$3.0 million for closure and cessation of Radiance Electronics (Shenzhen) Co., Ltd

* Expected result primarily due to group’s consolidation of its manufacturing operations in People’s Republic Of China Source text for Eikon: Further company coverage:

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