Brief: Tianli Holdings Group Expects HY Revenue To Decrease By Not Less Than 40%

Tianli Holdings

18/08/2020 14:30

Aug 18 (Reuters) - Tianli Holdings Group Ltd  0117.HK :
    * EXPECTED TO RECORD DECREASE OF NOT LESS THAN 40% IN
REVENUE FOR
SIX MONTHS
    * TIANLI HOLDINGS GROUP SEES LOSS OF ABOUT RMB10.0 MILLION
TO
ABOUT RMB15.0 MILLION ATTRIBUTABLE FOR SIX MONTHS
    * EXPECTED DECREASE IN HY REVENUE DUE TO IMPACT OF COVID-19
THAT
LED TO DROP IN DEMAND FROM SOME CUSTOMERS
    * EXPECTED DECREASE IN HY LOSS DUE TO COST CONTROL MEASURES
IMPLEMENTED FOR MULTI-LAYER CERAMIC CHIPS SEGMENT

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS7fWgkt
Further company coverage:  0117.HK 

 (Reuters.Briefs@thomsonreuters.com)