Brief: Feishang Anthracite Resources Sees Significant Loss For Six Months
24/06/2020 13:03
June 24 (Reuters) - Feishang Anthracite Resources Ltd
1738.HK :
* EXPECTED TO RECORD A SIGNIFICANT LOSS FOR SIX MONTHS
* FEISHANG ANTHRACITE RESOURCES SEES SIGNIFICANT LOSS FOR HY
VERSUS A PROFIT
* EXPECTED RESULT DUE TO TEMPORARY DECLINE IN BOTH QUALITY
AND
SELLING PRICE OF GROUP'S COAL PRODUCTS
* COVID-19 PANDEMIC & GOVERNMENTAL CONTROL MEASURES TO
CONTAIN IT
LED TO DELAYS IN PRODUCTION & WEAK MARKET DEMAND
Source text for Eikon: urn:newsml:reuters.com:*:nHKS5yPKMN
Further company coverage: 1738.HK
(Reuters.Briefs@thomsonreuters.com)
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