Brief: IRC Says Qtrly 10.5% Decrease In Production Volume Over Previous Quarter

IRC

10/02/2023 01:28

Feb 10 (Reuters) - IRC Ltd  1029.HK :
    * QTRLY 10.5% DECREASE IN PRODUCTION VOLUME OVER THE
PREVIOUS
QUARTER
    * IRC LTD SEES  LOSS ATTRIBUTABLE OF BETWEEN APPROXIMATELY
US$90
MILLION TO US$100  MILLION FOR YEAR
    * EXPECTED LOSS DUE TO SIGNIFICANT DECREASE IN MARKET IRON
ORE
PRICE, AMONG OTHERS
    * QTRLY 1.4% DECREASE IN SALES VOLUME OVER Q3 2022
    * CONTINUE TO ADOPT CAUTIOUS APPROACH AS WE ENTER YEAR OF
2023

Source text for Eikon:  ID:nHKSFq21J 
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