Brief: Far East Orchard Posts HY Total Comprehensive Loss Attributable S$17.5 Million
06/08/2020 15:20
Aug 6 (Reuters) - Far East Orchard Ltd FARE.SI :
* FAR EAST ORCHARD LTD- HY TOTAL COMPREHENSIVE LOSS
ATTRIBUTABLE
S$17.5 MILLION VERSUS LOSS OF S$688,000
* FAR EAST ORCHARD LTD- HY SALES S$64.9 MILLION VERSUS
S$75.3
MILLION
* FAR EAST ORCHARD- OPERATING CONDITIONS OF HOSPITALITY
BUSINESS
WILL REMAIN CHALLENGING UNTIL PANDEMIC ABATES
* FAR EAST ORCHARD- EXPECTS FINANCIAL PERFORMANCE FOR REST
OF FY20
TO BE ADVERSELY IMPACTED BY SOCIAL-ECONOMIC HEADWINDS RESULTING
FROM PANDEMIC
* FAR EAST ORCHARD LTD- HAS SUFFICIENT LIQUIDITY TO MEET ITS
OPERATIONAL NEEDS
Source text for Eikon: ID:nSNZ16Ps0Y
Further company coverage: FARE.SI
((Reuters.Briefs@thomsonreuters.com;))
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