U.S. Markets closed

BRIEF-FIH Mobile Sees 9-Mth Turnover Around $10.36 Bln

Nov 2 (Reuters) - FIH Mobile Ltd:

* COMPANY CURRENTLY ESTIMATES THAT GROUP'S TURNOVER FOR NINE MONTHS ENDED 30 IS LIKELY TO BE AROUND US$10.36 BILLION

* EXPECTS GROUP TO RECORD A CONSOLIDATED NET LOSS OF APPROXIMATELY US$575.3 MLN FOR NINE MONTHS ENDED 30 SEPTEMBER 2018

* EXPECTS A CONSOLIDATED NET LOSS FOR YEAR ENDING 31 DECEMBER 2018

* EXPECTS A CONSOLIDATED NET LOSS FOR YEAR ENDING 2018 WHICH IS LIKELY TO BE SIGNIFICANTLY HIGHER

* EXPECTED RESULT DUE TO CHALLENGING CONDITIONS THAT GROUP FACED SINCE 2H 2017 HAVING CONTINUED INTO 2018 & PRESSURE ON GROSS MARGINS Source text for Eikon: Further company coverage: