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Stelux Holdings (00084) expects smaller loss for FY18
16 May 2018
(Infocast News) Stelux Holdings International (00084) expects a consolidated net loss attributable to the equity holders of the company for the fiscal year ended 31 March 2018.

The anticipated loss is mainly due to pressures on turnover and gross profit leading to negative operational leverage. However, due to the closure of non-performing stores and reduction in operating costs, the loss is expected to decrease compared to the net loss attributable to equity holders of the company for the year ended 31 March 2017.

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