Brief: Travel Expert (Asia) Enterprises Expects Results Of Group For Year Ending 31 March 2020 ToDecline Significantly
25/03/2020 13:16
March 25 (Reuters) - Travel Expert (Asia) Enterprises Ltd
1235.HK :
* EXPECTED THAT RESULTS OF GROUP FOR YEAR ENDING 31 MARCH
2020
WILL DECLINE SIGNIFICANTLY
* EXPECTED RESULT MAINLY DUE TO OUTBREAK OF CORONAVIRUS
DISEASE
2019
* TAKING MEASURES TO REDUCE LOSSES, INCLUDING REDUCING STAFF
COSTS
& NEGOTIATING WITH LANDLORDS FOR RENTAL REDUCTION
Further company coverage: 1235.HK
((Reuters.Briefs@thomsonreuters.com;))
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