Brief: Clean Motion Q2 Operating Loss Narrows To SEK 0.9 Million

Clean Motion AB

27/08/2020 09:51

Aug 27 (Reuters) - Clean Motion AB  CLEMO.ST :
    * SAID ON WEDNESDAY Q2 NET SALES SEK 354,000 VS SEK 1.1 MLN
YEAR
AGO
    * Q2 OPERATING LOSS SEK 905,000 VS SEK LOSS SEK 1.2 MLN YEAR
AGO
    * APPOINTS ANNA PETRE AS NEW CHAIRPERSON
    * CLEAN MOTION IS UNDER RECONSTRUCTION; THIS HAS IMPACTED Q2
HARD
    * OUR INDIAN OPERATIONS HAVE BEEN STRONGLY AFFECTED BY
COVID-19;
TAXI OPERATIONS HAVE BEEN DORMANT DURING THE QUARTER AS SHOPPING
CENTERS IN INDIA CONTINUE TO BE CLOSED
    * UNCERTAINTY CONCERNING INDIAN OPERATIONS REMAINS GREAT

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNE986KvJ
    
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