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VibroPower expects net loss in H1

Friday, July 24, 2015 - 21:55

Vibropower Corporation, a manufacturer and supplier of customisable power generator sets, on Friday issued a guidance for a net loss in the first half of 2015.

Based on a preliminary review of its financial results, the group expects lower revenue and lower margin from the projects delivered in H1 FY2015.

"Further details of the group's performance will be disclosed when the company announces its unaudited financial results for H1 FY2015 in due course," the group said in a statement.

On Friday, the counter closed trading unchanged at 3.8 Singapore cents.

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