Brief: Pavillon Holdings says F&B Business Revenue Decreased By About 50% For H1 2020

Pavillon Holdings

12/08/2020 12:46

Aug 12 (Reuters) - Pavillon Holdings Ltd  PAVI.SI :
    * CO'S F&B BUSINESS REVENUE DECREASED BY ABOUT 50% FOR FIRST
HALF
OF 2020
    * SEE SOME RECOVERY IN BUSINESS FROM JUNE 19 ONWARD,
OPERATIONALLY, CO DOES NOT EXPECT TO BE PROFITABLE FOR FY ENDING
DEC 31,2020
    * DOES NOT EXPECT IMPACT OF COVID-19 TO AFFECT ITS ABILITY
TO
FULFILL ITS NEAR-TERM OBLIGATIONS AND OPERATE AS A GOING CONCERN
    * F&B BUSINESS IMPROVED IN JULY 2020 TO ABOUT 75% OF THAT IN
JULY
2019

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ5r3J9
Further company coverage:  PAVI.SI 

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