March 19, 2018 / 12:24 PM / in a month

BRIEF-Convoy Global Holdings says it ‍Expects To Record Increase In FY Loss

March 19 (Reuters) - Convoy Global Holdings Ltd:

* ‍EXPECTS GROUP MAY RECORD FY LOSS SUBSTANTIALLY WORSE THAN LOSS RECORDED BY GROUP FOR YEAR ENDED 31 DECEMBER 2016​

* EXPECTED RESULT DUE TO ‍SUBSTANTIAL IMPAIRMENT ON INVESTMENTS IN ASSOCIATE MADE BY CO​

* CONVOY GLOBAL HOLDINGS SEES INCREASE IN LOSS BY ABOUT EIGHT TIMES OF PREVIOUS LOSS FOR YEAR ENDED DECEMBER 31, 2016 Source text for Eikon: Further company coverage:

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