Brief: Sapphire Corp Posts FY Profit Attributable Of RMB 26.4 Million

Sapphire

27/02/2020 14:54

Feb 27 (Reuters) - Sapphire Corporation Ltd  SAPP.SI :
    * FY REVENUE RMB 1.73 BILLION VERSUS RMB1.80 BILLION
    * FY PROFIT ATTRIBUTABLE RMB 26.4 MILLION VERSUS RMB 16.4
MILLION
    * GROUP IS PREPARING TO RESUME NORMAL OPERATIONS OF ITS
BUSINESS
ACTIVITIES ACROSS CHINA FOLLOWING COVID-19
    * PROLONGED DELAY IN RESUMPTION OF NORMAL OPERATIONS WILL
RESULT
IN PROJECT DELAYS AND INCREASE IN PROJECT COSTS
    * GROUP EXPECTS COVID-19 OUTBREAK TO IMPACT ON GROUP
FINANCIAL
RESULTS FOR 1H2020

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ8MBHgP
Further company coverage:  SAPP.SI 

 (Reuters.Briefs@thomsonreuters.com)