China Wood Optimization Limited Provides Earnings Guidance for the Six Months Ended 30 June 2020
July 17, 2020 at 05:35 am EDT
China Wood Optimization (Holding) Limited provided earnings guidance for the six months ended 30 June 2020. The net profit for the six months ended 30 June 2020 is expected to record a decrease of approximately 80% as compared with the corresponding period in 2019. Such decrease is mainly attributable to the weak sales performance brought about by the outbreak of COVID-19 at the beginning of the year.