SIDC says coronavirus measures to impact operations, subsidiaries

09/04/2020 Argaam

 

Saudi Industrial Development Co. (SIDC) said the Kingdom's precautionary measures to curb COVID-19 outbreak may weigh on its operations and subsidiaries, the company said in a bourse filing.

 

However, the company's online sales are running normally, the statement added.

 

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

 

Any related updates will be announced in due course.

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