Brief: Yatra Online Says Starting April 2020, Co Reduced Management Salaries By 50%

Yatra Online

05/06/2020 21:54

June 5 (Reuters) - Yatra Online Inc  YTRA.O :
    * YATRA ONLINE INC - BELIEVES IT HAS A STRONG FINANCIAL
POSITION
TO SUPPORT COMPANY OVER COMING QUARTERS.
    * YATRA ONLINE INC - AS OF JUNE 4, 2020, COMPANY HAD US$32.5
MILLION IN TOTAL AVAILABLE LIQUIDITY
    * YATRA ONLINE INC - CURRENT MONTHLY RUN-RATE OPERATING
FIXED COST
WAS APPROXIMATELY US$1.2 MILLION
    * YATRA ONLINE INC - STARTING APRIL 2020, REDUCED MANAGEMENT
SALARIES BY 50%
    * YATRA ONLINE INC - STARTING APRIL 2020, CO BEGAN FREEZING
SALARY
HIKES

Source text for Eikon:  ID:nPnzzxVZa 
Further company coverage:  YTRA.O 

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