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Revisions

IPCO warns of 1Q net loss

Gwyneth Yeo Published on Mon, Sep 05, 2016 / 6:43 PM GMT+8

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SINGAPORE (Sept 5): IPCO International says it is expecting to report a net loss for 1QFY17.

This comes on the back a decline in demand for burn-in boards in the semiconductor industry, and additional safety expenses that were mandated by regulatory authorities for the oil and gas sector.

Further details will be disclosed in the group’s results announcement which will be released before Sept 14.