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THE EASTERN COMPANY

(EML)
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China's Xi says will adjust policies to protect smaller firms from virus impact - state TV

03/29/2020 | 09:19pm EDT
Chinese President Xi jinping speaks during a meeting with Tedros Adhanom, director general of the World Health Organization, at the Great Hall of the People in Beijing

Chinese President Xi Jinping said the government will adjust support policies for small and medium-sized firms promptly as the situation develops to protect them from the impact of the coronavirus, Chinese state television reported on Monday.

Xi also said during a Sunday visit to a factory in Ningbo, a city in the eastern Zhejiang province, that Chinese firms should actively resume operation and production even as efforts to control the coronavirus continue, according to the report.

(Reporting by Roxanne Liu, Lusha Zhang and Se Young Lee; Editing by Himani Sarkar)


ę Reuters 2020
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Financials (USD)
Sales 2020 240 M - -
Net income 2020 5,41 M - -
Net Debt 2020 85,4 M - -
P/E ratio 2020 28,0x
Yield 2020 1,83%
Capitalization 208 M 208 M -
EV / Sales 2019 1,11x
EV / Sales 2020 0,98x
Nbr of Employees 1 323
Free-Float 59,0%
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Managers and Directors
NameTitle
August M. Vlak President, Chief Executive Officer & Director
John L. Sullivan Chief Financial Officer & Vice President
James Anthony Mitarotonda Chairman
James P. Woidke Chief Operating Officer
John Wigglesworth Everets Independent Director
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