BRIEF-Grand Banks Yachts expects net loss for quarter ended 31 March 2017
April 21 (Reuters) - Grand Banks Yachts Ltd:
* Group is expected to report a net loss for quarter ended 31 March 2017
* Expected results due to extensive additional hours incurred for construction of first grand banks 60, which will be expensed in Q3
* Group will record an unrealised qtrly exchange loss arising from strengthening of Australian Dollar against Malaysian Ringgit and U.S. Dollar Source text for Eikon: Further company coverage: