Brief: Luen Thai Sees Net Profit Attributable Between Us$100,000 And US$1 Million For Six Months

Luen Thai Holdings

19/07/2021 13:49

July 19 (Reuters) - Luen Thai Holdings Ltd  0311.HK :
    * SEES NET PROFIT ATTRIBUTABLE BETWEEN US$100,000 AND US$1
MILLION
FOR SIX MONTHS
    * EXPECTED TURNAROUND TO NET PROFIT DUE TO GRADUAL
RESUMPTION OF
GROUP'S MANUFACTURING PROCESSES
    * OVER 50% OF GROUP'S EMPLOYEES HAVE GOT AT LEAST ONE DOSE
OF
COVID-19 VACCINE
    * FOR GROUP'S PRODUCTION FACILITIES IN PRC AND CAMBODIA,
VACCINATION RATES OF GROUP'S EMPLOYEES ABOUT 80% AND 95%
RESPECTIVELY
    * TARGETS VACCINATION RATE OF 75% AMONGST ALL EMPLOYEES BY
END OF
2021

Further company coverage:  0311.HK 

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