National Gypsum says coronavirus measures to weigh on financials, sales

23/04/2020 Argaam

National Gypsum Co. said the Kingdom's precautionary measures to curb the COVID-19 outbreak will weigh on its sales and financial statements, the company said in a bourse statement.

 

However, it is difficult to determine the relevant financial impact at present, the statement added.

 

The company said these temporary measures will unlikely have a material impact on its operations and plans.

 

Any updates will be announced in due course, the statement added.

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