Brief: Yeo Hiap Seng Says Covid-19 Is Expected To Put Pressure On Revenue Due To Supply Disruptions And Changes To Consumer Demand

Yeo Hiap Seng

07/04/2020 11:25

April 7 (Reuters) - Yeo Hiap Seng Ltd  YHSS.SI :
    * COVID-19 IMPACT IS EXPECTED TO PUT PRESSURE ON REVENUE DUE
TO
SUPPLY DISRUPTIONS AND CHANGES TO CONSUMER DEMAND
    * GROUP'S PROFIT MARGIN WILL ALSO BE CHALLENGED
    * COMPANY IS CLASSIFIED UNDER ESSENTIAL SERVICES AND WILL
CONTINUE
TO PERFORM ITS SERVICES
    * PREPARING TO SUBMIT ITS DECLARATION AS ESSENTIAL SERVICES
PROVIDER IN SINGAPORE BY 13 APRIL, EXPECTS APPROVAL TO BE
GRANTED
    * IN MALAYSIA, OPERATIONS OF COMPANY'S FACTORIES WERE
INTERRUPTED
AS CO AWAITED APPROVALS FOR FACTORIES TO OPERATE
    * IN MALAYSIA, APPROVALS FOR FACTORIES TO OPERATE HAVE BEEN
RECEIVED

Source text for Eikon:  ID:nSN2Q33fc 
Further company coverage:  YHSS.SI 

 ((Reuters.Briefs@thomsonreuters.com;))