March 16, 2020 / 6:12 AM / 16 days ago

BRIEF-Vitarich Corp Updates On Impact And Risk Of Covid-19 On Its Business Operations

March 16 (Reuters) - Vitarich Corp:

* VITARICH CORP - UPDATES ON IMPACT AND RISK OF COVID-19 ON ITS BUSINESS OPERATIONS

* VITARICH CORP- COVID-19 HAS NO ADVERSE IMPACT YET ON VITARICH’S OVER-ALL BUSINESS OPERATIONS

* VITARICH CORP - CORP HAS OBSERVED DECLINE IN DEMAND AND INCONSISTENCIES IN SALES ORDERS OF ITS DRESSED CHICKEN PRODUCTS

* VITARICH CORP - EXPECTS HIGHER COSTS DUE TO DELAYS IN DELIVERY OF RAW MATERIALS & FINISHED GOODS SHOULD VIRUS TRANSMISSION CONTINUE UP TO 14 APRIL

* VITARICH CORP - FARMS, PLANTS AND SALES OPERATIONS WERE NOT DISRUPTED BY COVID-19 OUTBREAK

* VITARICH CORP-SEES REDUCTION IN MANPOWER AND/OR PRODUCTION VOLUME DUE TO LIMITED MOVEMENT, MOBILITY SHOULD VIRUS TRANSMISSION CONTINUE UP TO 14 APRIL

* VITARICH CORP- SEES REDUCTION IN DEMAND, SALES VOLUME, AND INCOME FROM FEEDS AND POULTRY OPERATIONS SHOULD TRANSMISSION OF VIRUS CONTINUE TO SPREAD Source text for Eikon: Further company coverage:

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