Brief: Jagan Lamps Says April-May Profitability Likely To Be Adversely Impacted Due To Lockdown
29/05/2020 13:24
May 29 (Reuters) - Jagan Lamps Ltd JAGN.BO :
* APRIL-MAY REVENUE AND PROFITABILITY LIKELY TO BE ADVERSELY
IMPACTED DUE TO LOCKDOWN
* Q1 PROFITABILITY LIKELY TO BE ADVERSELY IMPACTED
* THERE IS TEMPORARY REDUCTION IN DEMAND DUE TO LOCKDOWN
* EXPECT DEMAND TO IMPROVE IN Q2 AND NORMALISE BY Q3
Source text for Eikon: ID:nBSE9nhsND
Further company coverage: JAGN.BO
((Reuters.Briefs@thomsonreuters.com;))
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