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BRIEF-PPK Group expects operating net loss before tax in vicinity of $11.1 mln for FY2015

Published 18/08/2015, 09:45 am
© Reuters.  BRIEF-PPK Group expects operating net loss before tax in vicinity of $11.1 mln for FY2015
PPK
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Aug 18 (Reuters) - PPK Group Ltd PPK.AX :

* Expects to recognise a series of additional impairments and provisions in its mining business in the financial year ended 30 June, 2015.

* Says a further pre-tax charge of approximately $10.5M aud is expected to be recorded in the company's FY 2015 results

* Says there is no cash impact on the company's operations as a result of the recognition of these impairments and provisions

* Says PPK expects to report an operating net loss before tax in the vicinity of $11.1M. for FY 2015

* Source text for Eikon ID:nASX6pjbCp

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