Brief: Pearl Global Says 1 Jan, Several Staff Have Tested Positive Or Been Deemed Close Contacts

Entyr

20/01/2022 01:37

Jan 20 (Reuters) - Pearl Global Ltd  PG1.AX :
    * IN PERIOD SINCE 1 JAN, SEVERAL STAFF HAVE TESTED POSITIVE
OR
BEEN DEEMED CLOSE CONTACTS
    * IMPACT OF COVID-19 HAS RESULTED IN REDUCED OPERATING HOURS
FOR
TDUS AND CRUMBING PLANT
    * EXPECTED THAT TDUS AND CRUMBING PLANT WOULD OPERATE ON A
24/7
BASIS WITH 68% AVAILABILITY
    * NOW FORECAST THAT 300 TONNES OF TYRES WOULD BE PROCESSED
DURING
JANUARY
    * IMPACT ON PRODUCT SALES IS EXPECTED TO BE MINIMAL DUE TO
EXISTING INVENTORIES
    * LOWER PRODUCTION LEVELS WILL SEE A COMMENSURATE REDUCTION
IN
REVENUES ASSOCIATED WITH TYRE COLLECTIONS

Source text for Eikon:  ID:nASX7XX1jp 
Further company coverage:  PG1.AX 

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