Brief: Kin Yat Updates On Impact Of Coronavirus Epidemic On Ops

Kin Yat Holdings

12/02/2020 23:06

Feb 13 (Reuters) - Kin Yat Holdings Ltd  0638.HK :
    * KIN YAT -CORONAVIRUS EPIDEMIC EXPECTED TO LEAD TO A DEGREE
OF
ADVERSE IMPACT ON OPERATION & OPERATING ENVIRONMENT IN PRC IN
SHORT-RUN
    * KIN YAT HOLDINGS- EPIDEMIC EXPECTED TO CAUSE DELAYED
RESUMPTION
OF FACTORY PRODUCTION AFTER CHINESE NEW YEAR & REDUCED WORKFORCE
MOBILITY IN COUNTRY
    * KIN YAT HOLDINGS LTD-  GROUP IS IN PROCESS OF EMBARKING ON
PRODUCTION OF MEDICAL PROTECTIVE FACE MASKS IN PRC
    * KIN YAT HOLDINGS LTD - GROUP MAY ALSO CONSIDER TO PRODUCE
MEDICAL PROTECTIVE CLOTHING AT LATER STAGE
    * KIN YAT HOLDINGS- EXPECTS TO ACHIEVE DAILY PRODUCTION
CAPACITY
OF ABOUT 264,000 TO 720,000 PIECES OF MASKS IN NEAR FUTURE

Source text for Eikon:  ID:nHKS9Kln0t 
Further company coverage:  0638.HK 

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