BRIEF-FIH Mobile Sees 9-Mth Turnover Around $10.36 Bln
Nov 2 (Reuters) - FIH Mobile Ltd:
* COMPANY CURRENTLY ESTIMATES THAT GROUP'S TURNOVER FOR NINE MONTHS ENDED 30 IS LIKELY TO BE AROUND US$10.36 BILLION
* EXPECTS GROUP TO RECORD A CONSOLIDATED NET LOSS OF APPROXIMATELY US$575.3 MLN FOR NINE MONTHS ENDED 30 SEPTEMBER 2018
* EXPECTS A CONSOLIDATED NET LOSS FOR YEAR ENDING 31 DECEMBER 2018
* EXPECTS A CONSOLIDATED NET LOSS FOR YEAR ENDING 2018 WHICH IS LIKELY TO BE SIGNIFICANTLY HIGHER
* EXPECTED RESULT DUE TO CHALLENGING CONDITIONS THAT GROUP FACED SINCE 2H 2017 HAVING CONTINUED INTO 2018 & PRESSURE ON GROSS MARGINS Source text for Eikon: Further company coverage: