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.

(Reporting by Josh Horwitz and Muyu Xu; Editing by Toby Chopra)

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