Dyna-Mac warns of Q4 loss

IN a statement to the Singapore Exchange on Tuesday night, offshore engineering services firm Dyna-Mac Holdings warned shareholders the group is expected to report a net loss for Q4 2017, and a cumulative loss for the full year ended Dec 31, when it releases its results.

Reasons for the loss were not disclosed in the statement, released after the market closed.

The group advised investors to exercise caution when dealing with the company's shares.

Dyna-Mac's shares ended at 14.6 Singapore cents, up 0.1 Singapore cent or 0.69 per cent.