Brief: FinTech Chain Updates On Coronavirus Effect On Business Operations

FinTech Chain

19/02/2020 01:21

Feb 19 (Reuters) - FinTech Chain Ltd  FTC.AX :
    * REDUCTION IN RECEIVABLES EXPECTED THIS MONTH WHICH WILL
RESULT
IN CASH DEFICIT LAG IN COMING MONTHS
    * UPDATES ON CORONAVIRUS EFFECT ON BUSINESS OPERATIONS
    * REGARDING CORONAVIRUS OUTBREAK, AS FAR AS OVERALL
OPERATION IS
CONCERNED, BUSINESS IS OPERATING AS USUAL
    * OVERALL CONSUMER TRANSACTION VOLUME DECLINED, WHICH WILL
IMPACT
CO'S REVENUE

Source text for Eikon:  ID:nASXbjxC8V 
Further company coverage:  FTC.AX 

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