Brief: Zhejiang Yongan Rongtong Holdings Updates On Impact Of Coronavirus Epidemic On Business Operations

Zhejiang Yongan Rongtong Holdings Co

20/02/2020 13:31

Feb 20 (Reuters) - Zhejiang Yongan Rongtong Holdings Co Ltd
 8211.HK :
    * UPDATES ON IMPACT OF NOVEL CORONAVIRUS EPIDEMIC ON
BUSINESS
OPERATIONS
    * MANUFACTURING FACTORY OF WOVEN FABRICS LOCATES IN SHAOXING
OF
ZHEJIANG PROVINCE RESUMED PRODUCTION ON 17 FEB
    * EXPECTED THERE WILL BE LATE DELIVERY OF PRODUCTS IN COMING
FEW
MONTHS
    * EXPECTED THAT PRODUCTION WILL EXPERIENCE DELAY IN RESUMING
THEIR
ORIGINAL PRODUCTION SCHEDULE
    * CERTAIN WORKERS UNABLE TO RETURN TO WORK AS PLANNED, TO
RESULT
IN TEMPORARILY DROP IN PRODUCTION CAPACITY
    * IT IS EXPECTED THAT SHORTAGE OF LABOUR AS A RESULT OF
ADMINISTRATIVE MEASURES ARISING FROM EPIDEMIC IS TEMPORARY

Source text for Eikon:  ID:nHKS26glcQ 
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