General Announcement::PROFIT WARNING ON THE UNAUDITED FINANCIAL RESULTS

Issuer & Securities

Issuer/ Manager
MDR LIMITED
Securities
MDR LIMITED - SG1N26909308 - A27
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
06-Feb-2015 18:42:38
Status
New
Announcement Sub Title
PROFIT WARNING ON THE UNAUDITED FINANCIAL RESULTS
Announcement Reference
SG150206OTHREVV5
Submitted By (Co./ Ind. Name)
Madan Mohan
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Board of Directors (the "Board" ) of mDR Limited (the "Company" and together with its subsidiaries, the "Group" ) wishes to announce that the Group expects to record a net loss for the financial year ended 31 December 2014 ("FY2014") as compared to the corresponding financial year ended 31 December 2013.

The expected net loss for FY2014 is mainly attributable to goodwill impairment of certain of its investments, and provision for restructuring costs, slow-moving inventory and doubtful debts.

This profit warning is based on a preliminary review of the unaudited financial results of the Group. Further details of the Group's performance will be disclosed when it has finalised its unaudited financial results for FY2014 on or before 26 February 2015.

Attachments

Profit_Warning.pdf
Total size =74K