Becton sees another first-half loss for 2009-10

Becton Property Group expects to report another loss for the first half of its financial year.

Becton predicted a net loss in a range of $17 million to $20 million for the half year ended December 31, after writedowns.

While still a loss, it would be an improvement on the $63.4 million net loss reported in the previous corresponding half year.

Becton also said its 2009/10 net operating profit was likely to be between $2 million and $5 million.

Becton will release its first half results on February 26.

AAP