Brief: Advance Zinctek Receives Notification That Deveraux Specialties Cancelled Majority Of Orders

Advance Zinctek

10/01/2024 01:33

Jan 10 (Reuters) - Advance ZincTek Ltd  ANO.AX :
    * RECEIVED NOTIFICATION THAT DEVERAUX SPECIALTIES HAVE
CANCELLED
MAJORITY OF THEIR ORDERS
    * SEES  TOTAL CONFIRMED SALES ORDERS AND SALES FORECASTS FOR
SECOND HALF FY24 IS A$8.5 MILLION
    * CANCELLATION OF ORDERS IMPACT TO H1 SALES IS ESTIMATED TO
BE
A$1.2 MILLION, 75% TO BE REINVOICED TO END USERS DURING H2 FY24
    * SEES TOTAL REVENUE FOR FIRST HALF FY24 TO BE A$5.5 MILLION

Source text for Eikon:  ID:nASX3d4LkC 
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 ((Reuters.Briefs@thomsonreuters.com;))