Brief: Global Sweeteners Sees Significant Decreases In Rev & Gross Profit For Six Months

Global Corn

29/05/2020 11:20

May 29 (Reuters) - GLOBAL Sweeteners Holdings Ltd  3889.HK :
    * RECORDED SIGNIFICANT INCREASE IN NET LOSS BY ABOUT 60.2%
FOR
THREE MONTHS ENDED 31 MARCH
    * RECORDED INCREASE IN NET LOSS BY ABOUT 60.2% FOR MARCH
QUARTER
    * SEES SIGNIFICANT DECREASES IN REVENUE AND GROSS PROFIT FOR
SIX
MONTHS
    * EXPECTED RESULT DUE TO DECREASE IN PRODUCTION VOLUME OF
GROUP
    * RECORDED DECREASES IN REVENUE AND GROSS PROFIT BY
APPROXIMATELY
37.5% AND 31.9%, RESPECTIVELY FOR 3 MONTHS ENDED 31 MARCH

Source text for Eikon:  ID:nHKS9H2SVf 
Further company coverage:  3889.HK 

 ((Reuters.Briefs@thomsonreuters.com;))