Brief: Dynam Japan Says Will Not Make A Profit For Three-Month Period Ending 30 June

Dynam Japan Holdings

28/05/2020 06:31

May 28 (Reuters) - Dynam Japan Holdings Co Ltd  6889.HK :
    * DYNAM JAPAN- IN MAY, NUMBER OF DAYS IN WHICH GROUP WAS
ABLE TO
OPERATE HALLS WAS ABOUT 53% AS COMPARED TO NORMAL LEVEL
    * DYNAM JAPAN HOLDINGS- PACHINKO HALLS HAVE TEMPORARILY
SUSPENDED
OPERATIONS
    * DYNAM JAPAN - EXPECTED OPERATING REVENUE WILL GRADUALLY
RECOVER
FROM JULY & WILL RETURN TO NORMAL FROM OCT 2020
    * DYNAM JAPAN-  OPERATING REVENUE DROPPED ABOUT 70% IN MAY
VERSUS
PCP
    * DYNAM JAPAN- MACHINE UTILIZATION RATIO DROPPED TO ABOUT
ONE-HALF
OF NORMAL LEVEL IN MAY
    * DYNAM JAPAN  - WILL NOT MAKE A PROFIT FOR THREE-MONTH
PERIOD
ENDING 30 JUNE
    * DYNAM JAPAN- WILL MAKE A PROFIT FOR THREE-MONTH PERIOD
ENDING 30
SEPT
    * DYNAM JAPAN - WILL REDUCE COSTS OF MACHINE, PERSONNEL
COSTS,
VARIABLE COSTS, & FIXED COSTS BY 20%, 10%, 15%, & 5%
RESPECTIVELY
    * DYNAM JAPAN SEES A PROFIT FOR FY ENDING 31 MARCH 2021

Source text for Eikon:  ID: 
Further company coverage:  6889.HK 

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