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OUE Lippo Healthcare expects loss for Q4 and FY17
OUE Lippo Healthcare Limited announced after trading hours on Tuesday that the group is expected to report a net loss for the fourth quarter ended Dec 31, 2017 and financial year ended Dec 31, 2017, based on a preliminary assessment of the group's unaudited financial results.
The loss is attributable mainly to operating costs and provisions, according to its filing to the Singapore Exchange. The group is in the process of finalising its financial results and further details will be disclosed when the company announces its unaudited financial results by March 1.