Neratel - RHB Invest 2016-05-10: 1Q16 Results Flash Note
NERATELECOMMUNICATIONS LTD N01.SI Neratel -1Q16 Results Flash Note
Highlights
- 1Q16 NPAT dropped 33.4% YoY, mainly due to sales declines in both Network Infrastructure and Payment Solutions business segments.
- Both top-line and profitability were also impacted by delays in a significant order from a customer and also a pull back in project implementation due to slow payment by a customer. However, all this will likely be completed and recorded in Nera's 2Q16 numbers.
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