Brief: Hove Puts Establishment Of Unit In China On Hold

Hove A/S

29/03/2023 14:22

March 29 (Reuters) - Hove A/S  HOVE.CO :
    * TO PUT HOVE A/S' ESTABLISHMENT OF A SUBSIDIARY IN CHINA ON HOLD
    * HOVE A/S' PRIMARY CUSTOMERS' FOCUS IS TO A LESSER EXTENT ON CHINA.
    * THERE IS CURRENTLY NOT SAME NEED FOR AN ESTABLISHMENT IN CHINA.
    * EXPECTS TO BE ABLE TO COMPENSATE FOR ITS LACK OF FUTURE REVENUE FROM CHINESE MARKET BY
INCREASING SALES IN EXISTING AND OTHER MARKETS

Source text: https://bit.ly/3lK02A9
Further company coverage:  HOVE.CO 

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