Brief: Shineco Reports Fiscal Year 2019 Financial Results

Shineco

27/09/2019 21:33

Sept 27 (Reuters) - Shineco Inc  TYHT.O :
    * SHINECO, INC. REPORTS FISCAL YEAR 2019 FINANCIAL RESULTS
    * SHINECO INC - AS OF JUNE 30, 2019, COMPANY HAD CASH AND
CASH
EQUIVALENTS OF $35.33 MILLION
    * SHINECO INC - CLEARLY DISAPPOINTED WITH OUR 2019 FISCAL
YEAR
FINANCIAL RESULTS
    * SHINECO INC - PLAN TO MAKE CAPITAL IMPROVEMENTS IN OUR
EXISTING
PRODUCTION FACILITIES
    * SHINECO INC - IN SHORT-RUN, INTEND TO INCREASE INVESTMENT
IN
RELIABLE SUPPLY NETWORK, PERSONNEL TRAINING

Source text for Eikon:  ID:nGNX523TRn 
Further company coverage:  TYHT.O 

 ((Briefs@thomsonreuters.com;))