Synergis Holdings Limited Provides Earnings Guidance for the Year Ended 31 December 2016
March 22, 2017 at 05:21 am IST
Synergis Holdings Limited provided earnings guidance for the year ended 31 December 2016. For the year, the Group is expected to record a loss as compared to a profit for the year ended 31 December 2015. It is mainly attributable to a provision of amounts including receivables and contracting work-in-progress of approximately HKD 90 million based on the impairment assessment on the respective balance arising from transactions with a group of customers.