Transcorp Holdings Limited Provides Earnings Guidance for the Financial Year Ended October 31, 2018
December 27, 2018 at 07:35 am
Transcorp Holdings Limited provided earnings guidance for the financial year ended October 31, 2018. For the year, based on a preliminary assessment of the Group's financial results, the Group expects to record a net loss after tax which is higher than that of the previous year. The expected loss is largely due to a reduction in the number of cars sold leading to lower revenue.