February 25, 2020 / 3:48 PM / in a month

BRIEF-Cosmos Machinery Enterprises Updates On Impact Of Coronavirus Epidemic On Business Ops

Feb 25 (Reuters) - Cosmos Machinery Enterprises Ltd :

* UPDATES ON IMPACT OF NOVEL CORONAVIRUS EPIDEMIC ON BUSINESS OPERATIONS

* GROUP’S PLANTS AND OFFICES HAVE RESUMED PRODUCTION AND WORK SINCE 10 FEB 2020

* EXPECTS THERE WILL BE DELAY IN SUPPLY OF RAW MATERIALS AND PARTS FROM ITS SUPPLIERS

* COVID-19 MAY ADVERSELY AFFECT FINANCIAL RESULTS OF GROUP FOR SIX MONTHS ENDING 30 JUNE 2020

* EXPECTS DELAY IN SUPPLY OF RAW MATERIALS AND PARTS FROM ITS SUPPLIERS MAY LEAD TO DROP IN GROUP’S PRODUCTION CAPACITY

* EXPECT DELAY IN SUPPLY OF RAW MATERIALS & PARTS MAY LEAD TO DELAY IN RESUMING TO ORIGINAL PRODUCTION SCHEDULE Source text here Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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