Dentons Biochemicals Interim Earnings Loss
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Last Update: 2020-07-01
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Source: Internet
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Author: User
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Dentons Biochemicals (00809.HK) is expected to report a loss in its half-year results by the end of this monthThe Company considers that the losses were mainly due to the decline in the price and demand of the Group's products, in particular the impact of the group's sale of lysine products on the recent emergence of the new avian influenza virus and the provision of the Group's inventory9sR
In view of adverse market conditions, the company has implemented cost control measures, mainly through the flexible production of lysine products and the cessation of the production of chemical alcohol products9sR
The company believes that the Group's financial position remains solidIn order to adapt to market changes and stabilize the Group's operating performance, the Group will continue to take a prudent approach to financial management and capital expenditure9sRDentons Biochemicals (00809.HK) reported a loss at the end of the monthThe Company considers that the losses were mainly due to the decline in the price and demand of the Group's products, in particular the impact of the group's sale of lysine products on the recent emergence of the new avian influenza virus and the provision of the Group's inventory9sR
In view of adverse market conditions, the company has implemented cost control measures, mainly through the flexible production of lysine products and the cessation of the production of chemical alcohol products9sR
The company believes that the Group's financial position remains solidIn order to adapt to market changes and stabilize the Group's operating performance, the Group will continue to take a prudent approach to financial management and capital expenditure9sR
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