Al Ahsa says COVID-19 measures may weigh on revenues

15/04/2020 Argaam

 

Al Ahsa Development Co.’s revenues are likely to be impacted by the government’s precautionary measures to contain the spread of the coronavirus.

 

The temporary measures will also impact the revenues of its subsidiaries, which may be reflected in the company’s future results, it said in a bourse filing on Wednesday.

 

The company said it is difficult to determine the financial impact at present and any developments will be announced in due course.

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