Brief: Natural Cool Holdings Says Group's Trading Business' Sales Volumes Adversely Affected
24/04/2020 13:55
April 24 (Reuters) - Natural Cool Holdings Ltd NCHL.SI :
* GROUP'S TRADING BUSINESS' SALES VOLUMES ADVERSELY AFFECTED
SINCE
IMPLEMENTATION OF CIRCUIT BREAKER IN SINGAPORE
* RECEIVED NOTIFICATION THAT PAINT DIVISION'S MALAYSIAN
MANUFACTURING UNIT OBTAINED APPROVAL TO RESUME PRODUCTION
* COVID-19 EXPECTED TO HAVE ADVERSE IMPACT ON REVENUE AND
FINANCIAL PERFORMANCE OF GROUP IN FY ENDING 31 DEC 2020
* STARTED IMPLEMENTING STEPS TO REDUCE OPERATING COSTS
INCLUDING
FREEZING NEW HIRES, & FREEZING OF WAGE & SALARY INCREASES
Source text for Eikon: urn:newsml:reuters.com:*:nSN55rkZ4
Further company coverage: NCHL.SI
((Reuters.Briefs@thomsonreuters.com;))
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