Sapphire Corp Says Cautiously Optimistic On Return To Profitability In Q2 2020

路透社 · 2020-05-22
May 22 (Reuters) - Sapphire Corporation Ltd (SAPP.SI) :

May 22 (Reuters) - Sapphire Corporation Ltd (SAPP.SI) :

  • 1Q REVENUE FELL BY 34.1% TO RMB 195.6 MILLION

  • ALL CONSTRUCTION OPERATIONS & ACTIVITIES OF GROUP HAVE RESUMED

  • 1Q LOSS ATTRIBUTABLE RMB 14.5 MILLION VERSUS PROFIT OF RMB 3.4 MILLION

  • THERE ARE NO FORESEEABLE SIGNIFICANT RISKS TO GROUP’S ABILITY TO OPERATE AS A GOING CONCERN

  • GROUP EXPECTS COVID-19 OUTBREAK TO IMPACT ON GROUP FINANCIAL RESULTS FOR 1H2020

  • GROUP HAS RESUMED FULL OPERATIONS IN 2Q AND IS CAUTIOUSLY OPTIMISTIC THAT IT CAN RETURN TO PROFITABILITY IN 2Q2020

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