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BRIEF-Kernel Holding Q3 2016/2017 net profit down at $32.9 mln

May 30 KERNEL HOLDING SA:

 

* REPORTED ON MONDAY THAT ITS Q3 2016/2017 REVENUE WAS $615.0 MILLION VERSUS $607.2 MILLION A YEAR AGO

 

* Q3 2016/2017 EBITDA WAS $80.8 MILLION VERSUS $99.5 MILLION A YEAR AGO

 

* Q3 2016/2017 NET PROFIT WAS $32.9 MILLION VERSUS ?$92.3 MILLION A YEAR AGO

 

* Q3 2016/2017 NET PROFIT DOWN 64.4 PERCENT YEAR ON YEAR RESULTS FROM NORMALIZATION OF NON-OPERATING FOREX GAINS AND WRITE-OFF OF AMORTIZED EXPENSES ON BANK LOANS

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