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AMBERTECH LIMITED Earnings Release 2017

Aug 6, 2017

64378_rns_2017-08-06_1a9fe534-dd7f-4be7-a130-b69da768ce3e.pdf

Earnings Release

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The Manager Company Announcements Office ASX Limited 20 Bridge Street Sydney NSW 2000

7 August 2017

Dear Sir or Madam

Continuous Disclosure Pursuant to Listing Rule 3.1

The Board of Ambertech Limited (“AMO”) has reviewed its expectations in relation to results for the year ending 30 June 2017. At this time, the Board anticipates the following:

  • Sales revenue in the range of $48M‐$50M (June 16: $54.7M); and

  • Net loss after tax to be in the range of $500,000‐$800,000 (June 16: profit $237,000).

The final results may vary subject to any potential audit adjustments.

The Board believe that the underlying results of Ambertech continue to be on a growth path, with the deterioration in revenue and profit this year being substantially the result of the following factors:

  • Reduced business activity in the residential installation market, across all brands, consistent with an industry wide malaise believed to be the result of concerns over domestic housing prices and international politics; and

  • Reduced sales activity in our media systems group, particularly affected by projects with a major broadcaster deferred into future periods due to operational staff changes.

Further details will be provided in the full year results to be released by the end of August.

Yours sincerely

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Robert Glasson Company Secretary Ambertech Limited

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