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Revisions

MMP Resources issues profit guidance for 3Q

Benjamin Cher Published on Thu, Oct 20, 2016 / 7:35 PM GMT+8

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Singapore (Oct 20): MMP Resources has issued profit guidance for its 3Q16 results, cautioning shareholders that it expects a net loss.

According to the SGX filing, the expected loss is mainly contribute by administrative expenses incurred by MMP Resources for its restructuring process and impairment of investments.

The company will disclose more details when it announces its 3Q16 financial results.