Brief: TSH Corporation Expects To Report Financial Loss For Hy2020

TSH

29/04/2020 14:40

April 29 (Reuters) - TSH Corporation Ltd  TSHC.SI :
    * TSH CORPORATION LTD - EXPECTED TO REPORT FINANCIAL LOSS
FOR
HY2020
    * TSH CORPORATION- EXPECTING MORE THAN 80% DROP IN ITS SALES
FOR
APRIL 2020
    * TSH CORPORATION LTD-  WITH EXTENSION OF CIRCUIT BREAKER,
EXPECTED THAT REVENUE OF GROUP WILL BE ADVERSELY IMPACTED FOR HY
    * TSH CORPORATION - REQUESTING ITS VENDORS, INCLUDING
LANDLORDS,
TO REDUCE CHARGES DURING CIRCUIT BREAKER
    * TSH CORPORATION LTD - DECREASE IN CASH & BANK BALANCES NOT
EXPECTED TO AFFECT ABILITY OF GROUP TO CONTINUE AS A GOING
CONCERN
    * TSH CORPORATION LTD- KEY MANAGEMENT OF GROUP HAS TAKEN
LEAD TO
CUT THEIR PAY BY 10% WITH SOME MANAGERS TAKING A 3% CUT IN
SALARIES
    * TSH CORPORATION LTD- MOST OF STAFF HAVE BEEN REQUESTED TO
TAKE 6
DAYS OF ANNUAL LEAVES IN APRIL

Source text for Eikon:  ID:nSNZ5KBJNn 
Further company coverage:  TSHC.SI 

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