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O10 - Far East Orchard News Story

S$1.06 -0.0  -0.9%

Last Trade - 8:36am

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £269.4m
Enterprise Value £529.4m
Revenue £81.3m
Position in Universe 1630th / 5951

BRIEF-Far East Orchard Posts HY Total Comprehensive Loss Attributable S$17.5 Million

Thu 6th August, 2020 3:20pm
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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