Feb 23 (Reuters) - SOHO DEVELOPMENT SA SHD.WA :
* SAID ON THURSDAY IT TERMINATED ITS INVESTMENT IN PROGRESS
FIZAN
* LIQUIDATION OF PROGRESS FIZAN WILL AFFECT NEGATIVELY
COMPANY'S
RESULTS; CONSOLIDATED Q1 2017/2018 FINANCIAL RESULT WILL BE
LOWER BY ABOUT 0.6 MILLION ZLOTYS AND CONSOLIDATED Q2 2017/2018
FINANCIAL RESULT WILL BE LOWER BY ABOUT 5.6 MILLION ZLOTYS
* ESTIMATED THAT ITS CONSOLIDATED Q1 2017/2018 FINANCIAL
RESULT
WILL BE A LOSS OF 6.8 MILLION ZLOTYS
Source text for Eikon: urn:newsml:reuters.com:*:nEMl6yw5a
Further company coverage: SHD.WA
(Gdynia Newsroom)
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