Brief: Global Bio-Chem Technology Expects Net Loss Of For Year To Rise By Over 200%

Global Bio-chem Technology Co

16/02/2023 10:09

Feb 16 (Reuters) - Global Bio-chem Technology Group Co
Ltd  0809.HK :
    * SEES REVENUE AND GROSS PROFIT FOR YEAR DECREASED BY 50.1%
AND
28.5% RESPECTIVELY
    * SEES NET LOSS OF GROUP FOR YEAR INCREASED SIGNIFICANTLY BY
OVER
200%
    * EXPECTED RESULT DUE TO DECREASE IN PRODUCTION VOLUME FROM
TEMPORARY SUSPENSION OF PRODUCTION OPERATION IN SHANGHAI

Further company coverage:  0809.HK 
 ((Reuters.Briefs@thomsonreuters.com;))