Brief: China Sunsine Chemical Update On Impact Of COVID-19 On Group’S Ops

China Sunsine Chemical Holdings

26/05/2020 16:13

May 26 (Reuters) - China Sunsine Chemical Holdings Ltd
 CHSN.SI :
    * DOES NOT EXPECT ANY MATERIAL DEFAULTS FROM CUSTOMERS AMID
COVID-19 OUTBREAK
    * EXPECTED TO RECORD LOWER REVENUE AND PROFIT FOR FY2020
    * HAS NOT IMPLEMENTED ANY JOB CUTS ACROSS BUSINESSES
    * PRODUCTION FACILITIES CURRENTLY RUNNING AT 70%-80%
UTILIZATION
RATE
    * PRODUCED & SOLD ABOUT 60,000 TONS OF RUBBER CHEMICALS FROM
JAN
TO MAY

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ3GsmqX
Further company coverage:  CHSN.SI 

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