You are here

Sinocloud expects to report net loss due to impairment losses

Friday, May 12, 2017 - 21:41

SINOCLOUD Group Ltd and its subsidiaries are expecting to report a net loss for fiscal year 2017, mainly due to impairment losses in relation to its investment in an associate.

The group said in a Singapore Exchange filing on Friday that it is still in the process of finalising results of the group for FY2017.

It is expected to release its unaudited financial results for FY2017 no later than May 30, 2017.

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom