Brief: Hongguang Lighting Updates On Influence Of Coronavirus Pneumonia On Business Ops

HG Semiconductor

20/02/2020 15:17

Feb 20 (Reuters) - Hongguang Lighting Holdings Company Ltd
 6908.HK :
    * UPDATES ON INFLUENCE OF NOVEL CORONAVIRUS PNEUMONIA
EPIDEMIC ON
BUSINESS OPERATIONS
    * GROUP'S PRINCIPAL PRODUCTION FACTORY IN ZHUHAI CITY
RESUMED
PRODUCTION ON 10 FEB
    * CORONAVIRUS LIKELY TO HAVE A NEGATIVE IMPACT ON GROUP'S
SHORT
TERM FINANCIAL RESULTS
    * CERTAIN WORKERS IN AFFECTED PROVINCES AND MUNICIPALITIES
ARE
UNABLE TO RETURN TO ZHUHAI FACTORY AS PLANNED
    * NOTIFIED BY SOME CUSTOMERS, SUPPLIERS THAT DUE TO
EPIDEMIC,
THEIR OPERATIONS HAVE EXPERIENCED EXTENDED PERIOD OF DISRUPTION
    * EXPECTS TEMPORARY DROP IN PRODUCTION CAPACITY OF ZHUHAI
FACTORY

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS3P9KPf
Further company coverage:  6908.HK 

 (Reuters.Briefs@thomsonreuters.com)