Trilogy forecasts smaller first-half loss, softens FY guidance

Trilogy forecasts smaller first-half loss, softens FY guidance
Sept. 24 (BusinessDesk) – Trilogy International, which changed its named from Ecoya in June to reflect the dominance of its skincare business, forecasts a small first-half loss while tipping a second-half pickup which would help it to almost meet guidance for the full year. The net loss will probably be $514,000 in the six months ending Sept. 30, down from a loss of $782,000 a year earlier, the Auckland-based company said in a statement accompanying its annual shareholders’ meeting today. Sales probably rose to $13.6 million from $12.2 millio...