Solartech International Holdings Limited Provides Earnings Guidance for the Year Ended 30 June 2018
September 24, 2018 at 03:42 pm IST
Solartech International Holdings Limited provided earnings guidance for the year ended 30 June 2018. For the year, it is expected to record an increase in the loss for the year ended 30 June 2018 as compared to the loss for the year ended 30 June 2017. Based on the relevant information currently available to the Company, the Board considers that the loss was mainly attributable to (1) the impairment losses on goodwill in relation to the business of securities; and (2) the impairment loss on interests in associates.