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Far East: Expected To Report A Net Loss For FY2015.

05 Feb 2016 17:57

Far East Group Limited is expected to report a net loss for FY2015. The net loss was primarily due to the slowdown in projects mainly in China which resulted in some orders of the Group being deferred or cancelled in FY2015 and increased labour costs and greater competition in the region that the Group operates in...

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Source: ShareInvestor Express