The Stratech Group Limited Provides Unaudited Earnings Guidance for the Year Ended March 31, 2017
The Stratech Group Limited provided unaudited earnings guidance for the year ended March 31, 2017. Based on a preliminary review of the Group's draft unaudited financial results, the company expects to report a net loss for fiscal 2017, due primarily to provisions for foreseeable losses and warranty costs on projects, for doubtful debts and inventory obsolescence, higher finance costs and lower revenue recognitions.