Brief: Cosmos Machinery Enterprises Updates On Impact Of Coronavirus Epidemic On Business Ops

Cosmos Machinery Enterprises

25/02/2020 15:46

Feb 25 (Reuters) - Cosmos Machinery Enterprises Ltd
 0118.HK :
    * UPDATES ON IMPACT OF NOVEL CORONAVIRUS EPIDEMIC ON
BUSINESS
OPERATIONS
    * GROUP'S PLANTS AND OFFICES HAVE RESUMED PRODUCTION AND
WORK
SINCE 10 FEB 2020
    * EXPECTS THERE WILL BE DELAY IN SUPPLY OF RAW MATERIALS AND
PARTS
FROM ITS SUPPLIERS
    * COVID-19 MAY ADVERSELY AFFECT FINANCIAL RESULTS OF GROUP
FOR SIX
MONTHS ENDING 30 JUNE 2020
    * EXPECTS DELAY IN SUPPLY OF RAW MATERIALS AND PARTS FROM
ITS
SUPPLIERS MAY LEAD TO DROP IN GROUP'S PRODUCTION CAPACITY
    * EXPECT DELAY IN SUPPLY OF RAW MATERIALS & PARTS MAY LEAD
TO
DELAY IN RESUMING TO ORIGINAL PRODUCTION SCHEDULE

Source text https://www1.hkexnews.hk/listedco/listconews/sehk/2020/0225/2020022500751.pdf
Further company coverage:  0118.HK 

 (Reuters.Briefs@thomsonreuters.com)