Brief: Chasen Expects Net Loss For 2020, Says Reviewing Costs

Chasen Holdings

30/06/2020 18:46

June 30 (Reuters) - Chasen Holdings Ltd  CHHL.SI :
    * SEES NET LOSS IN 2H2020 AFTER DEDUCTING OPERATING EXPENSES
AND
MAKING PROVISIONS FOR CERTAIN RECEIVABLES
    * SEES NET LOSS FOR WHOLE OF FY2020
    * TO DATE, ALL UNITS IN SOUTHEAST ASIA, PRC FULLY RETURNED
TO WORK
EXCEPT T&E UNITS IN CONSTRUCTION INDUSTRY IN SINGAPORE
    * REVIEWING OPERATING COST STRUCTURE TO CONSIDER POSSIBLE
IMPLEMENTATION OF COST-CUTTING MEASURES

Source text for Eikon:  ID:nSN5lVs1S 
Further company coverage:  CHHL.SI 

 ((Reuters.Briefs@thomsonreuters.com;))