Brief: Payton Planar Magnetics: Disruption Of Operation In China Due To Coronavirus

Payton Planar Magnetics

13/02/2020 14:24

Feb 13 (Reuters) - Payton Planar Magnetics Ltd  PAPL.BR :
    * REPORTS ON STATUS OF THE GROUP'S ACTIVITY FOLLOWING THE
CORONAVIRUS OUTBREAK'S IMPACT
    * DISRUPTION OF OPERATION IN CHINA DUE TO THE SPREAD OF THE
CORONAVIRUS MAY AFFECT THE COMPANY BOTH DUE TO DELAYS OF RAW
MATERIALS AND TRANSFORMERS SUPPLIED BY THE GROUP’S SUPPLIERS AND
SUBCONTRACTORS
    * ACCORDING TO INQUIRIES MADE BY CO WITH ITS SUPPLIERS,
SUBCONTRACTORS IN CHINA, AT THIS STAGE, THERE IS ONLY PARTIAL
RETURN TO ACTIVITY WHICH IS EXPECTED TO CONTINUE IN COMING WEEKS
    * CANNOT CURRENTLY ASSESS THE OUTBREAK’S IMPACT OF CONTINUED
DISRUPTION OF OPERATION IN CHINA

Source text : https://bit.ly/2UUD0GZ
Further company coverage:  PAPL.BR 

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