MODEC, INC. announced today the revision of the consolidated forecast for the full-year ended December 31, 2019, which was announced on February 5, 2019 and revised on November 1, 2019. The revision is mainly due to the recording of extraordinary loss and the company’s recent business performance.
Modec Recording of Extraordinary Loss and Revision of Financial Forecast for the Year Ended December 31, 2019
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