Nov 24 (Reuters) - Vmoto Ltd (VMT) -
- Vmoto ltd - revised earnings guidance-vmt.ax
- Has revised its earnings guidance for fy2016 from net profit of between $1.8 million and $2 million to a net loss of between $1 million and $1.2 million
- Primary reason for loss is that orders from international b2c and b2b customers in 16q4 have been lower than anticipated
- "Is confident that sales will improve in fy2017"
- "powereagle jv has experienced lower margins on vehicles manufactured for chinese market"
News: VMT Vmoto revises FY16 earnings guidance
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