Brief: India's Meghmani Organics Does Not See Any Major Impact Of Coronavirus Disease To Business

Meghmani Organics

06/03/2020 06:29

March 6 (Reuters) - Meghmani Organics Ltd  MEGH.NS :
    * IMPACT OF COVID-19 ON BUSINESS OPERATIONS.
    * DOES NOT ENVISAGE ANY MAJOR IMPACT OF COVID-19 ON ITS
BUSINESS
    * NOT DEPENDENT ON CHINA OTHER THAN FOR TWO RAW MATERIALS
    * HAVE NO MAJOR EXPORTS TO CHINA
    * HAS ADEQUATE LEVELS OF INVENTORY FOR Q4 OF FY 2020
    * HAVE STARTED EXPERIENCING LITTLE EASE IN SUPPLIES FROM
CHINA
    * IF NORMALCY IN CHINA DELAYED, BUSINESS COULD MARGINALLY
GET
IMPACTED
    * CO FAIRLY COMFORTABLE TO MEET BUSINESS TARGETS FOR FY20
TOP LINE

Source text for Eikon:  ID:nBSE46zscQ 
Further company coverage:  MEGH.NS 

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