Aseer says coronavirus measures weighed on revenues, performance

Aseer Trading, Tourism & Manufacturing Co. (Aseer) said the Kingdom's precautionary measures to curb the COVID-19 outbreak weighed on its revenue and performance, according to a bourse statement.

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

Aseer also indicated that it cannot define whether its subsidiaries are eligible to the government's support packages provided to the private sector or not, and hence the related financial impact cannot be assessed at present.

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