Brief: Litu Says Notes Unit Did Not Successfully Bid Its Tender For 2023 And 2025 Orders

Litu Holdings

04/11/2022 10:34

Nov 4 (Reuters) - Litu  1008.HK :
    * NOTES THAT UNIT HAS NOT SUCCESSFULLY BID ITS TENDER FOR
2023 AND
2025 ORDERS FROM ONE OF ITS CUSTOMERS IN GUANGDONG PROVINCE
    * BOARD CONSIDERS THAT UNSUCCESSFUL BID MAY HAVE AN ADVERSE
IMPACT
ON OVERALL REVENUE AND PROFITABILITY OF GROUP FOR COMING YEARS
    * GROUP PLANS TO FOCUS RESOURCES AND PRODUCTIONS ON BENGBU
JINHUANGSHAN ROTOGRAVURE PRINTING

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 ((Reuters.Briefs@thomsonreuters.com;))