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BRIEF-Compal Electronics clarifies on ‍media reports on losses from Leshi Group
August 11, 2017 / 5:31 AM / 4 months ago

BRIEF-Compal Electronics clarifies on ‍media reports on losses from Leshi Group

Aug 11 (Reuters) - Compal Electronics Inc

* Says it has recognized all the related inventory loss and uncollectable accounts receivable from Leshi Group in Q2, clarifying media reports

* Says total losses from Leshi Group at T$4.3 billion ($141.62 million) in Q4 2016, Q1 and Q2 2017, clarifying media reports

Source text for Eikon:

Further company coverage: ($1 = 30.3620 Taiwan dollars) (Reporting by Hong Kong newsroom)

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