Brief: Cheviot Co Says Incurred Substantial Losses Due To Lockdown

Cheviot

25/05/2020 09:24

May 25 (Reuters) - Cheviot Co Ltd  CHVI.BO :
    * INCURRED SUBSTANTIAL LOSSES DUE TO LOCKDOWN
    * IN POSITION TO MANAGE CASH FLOW AND ABSORB LOSSES TILL
JUNE 2020
    * DO NOT EXPECT TO ACHIEVE 50% CAPACITY UTILIZATION IN NEAR
FUTURE
    * INCURRING HEAVY CASH LOSSES AT THE MOMENT DUE TO LOCKDOWN

Source text for Eikon:  ID:nBSE2QdHKN 
Further company coverage:  CHVI.BO 

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