Anta Sports says coronavirus will impact H1, factories to resume production this week


  • World
  • Sunday, 16 Feb 2020

SHANGHAI (Reuters) - Sportwsear company Anta Sports Products <2020.HK> expects the coronavirus will impact its financial performance in H1 2020 though hopes to return to normal in the year's second half, it wrote in a stock exchange filing published Sunday.

Roughly 40% of the company's stores in mainland China have re-opened, according to the filing. The company's factories will gradually restart production this week, the filing added.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Croatian ruling party wins election without majority
Prince William returns to public duties after wife Kate's cancer revelation
U.S. stocks retreat on little progress in fighting inflation
Roundup: U.S. crude supplies up, other petroleum data mixed
U.S. oil imports, exports up last week
U.S. crude oil production unchanged last week
Feature: Growing translation efforts fuel popularity of Chinese literature in T�rkiye
UNHCR provides medical assistance to healthcare centers in Libya
'We will teach by candlelight': Argentine students and teachers protest Milei budget cuts
Chinese ballet to illuminate Dutch stadium

Others Also Read