Brief: Kfm Kingdom Ops Of 1 Of Group's Major Customers Has Been Temporarily Suspended

KFM Kingdom Holdings

18/02/2022 15:31

Feb 18 (Reuters) - KFM Kingdom Holdings Ltd  3816.HK :
    * AS A RESULT OF PANDEMIC MEASURES, OPERATIONS OF 1 OF
GROUP'S
MAJOR CUSTOMERS HAS BEEN TEMPORARILY SUSPENDED FROM MIDDLE OF
THIS WEEK
    * CURRENTLY LIAISING WITH MAJOR CUSTOMER WHETHER PURCHASE
ORDERS
AND/OR PRODUCTS DELIVERY SCHEDULE WOULD BE REQUIRED TO BE
REVISED
    * EXPECTS SUSPENSION MAY HAVE ADVERSE IMPACT ON GROUP'S
DELIVERY
OF PRODUCTS, & THUS ON SALES FOR FY2022
    * PRODUCTION CAPACITY HAS BEEN AFFECTED TO CERTAIN EXTENT
SINCE
SOME WORKERS HAVE BEEN UNABLE TO RETURN TO FACTORIES IN SUZHOU
    * ACTUAL IMPACT OF SUSPENSION TO GROUP IS STILL UNKNOWN AS
AT FEB
18

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