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PR Newswire
1H Result as at 30 Jun 2020
Rev $1.5b (vs 1.9b)
GP $6m (vs 222b)
NP $1m (vs 173m)
Div NIL (vs 4.5cts)
The full economic impact of COVID-19 is still unfolding, the scale and duration of which remains uncertain. the resurgence of COVID-19 cases, as experienced in some cities in China and Australia recently, that resulted in reinstatement of lockdown measures is likely to recur until a vaccine is available.
The future Global economy post-COVID-19 will be different arising from socioeconomic factors such as work from home arrangements and changes to supply chain management, while governments and financial markets focus on rebuilding and recovering from the pandemic.
With the challenging outlook, revenues are expected to remain depressed and margins under pressure.
https://links.sgx.com/FileOpen/COMFORTDE...eID=627823
Stay home and stay healthy, everyone.
Rev $1.5b (vs 1.9b)
GP $6m (vs 222b)
NP $1m (vs 173m)
Div NIL (vs 4.5cts)
The full economic impact of COVID-19 is still unfolding, the scale and duration of which remains uncertain. the resurgence of COVID-19 cases, as experienced in some cities in China and Australia recently, that resulted in reinstatement of lockdown measures is likely to recur until a vaccine is available.
The future Global economy post-COVID-19 will be different arising from socioeconomic factors such as work from home arrangements and changes to supply chain management, while governments and financial markets focus on rebuilding and recovering from the pandemic.
With the challenging outlook, revenues are expected to remain depressed and margins under pressure.
https://links.sgx.com/FileOpen/COMFORTDE...eID=627823
Stay home and stay healthy, everyone.