SIECO says COVID-19 measures to impact operations, financial results

16/04/2020 Argaam

 

Saudi Industrial Export Co. (SIECO) said that the government’s precautionary measures to contain coronavirus outbreak will have an impact on its revenues, operations, and financial results.

 

The company added in a bourse statement that the pandemic outbreak has also affected its operations in the UAE, Jordan, and Sudan.

 

It is presently difficult to assess the financial impact of the measures, and any updates will be disclosed in due course.

 

The company is committed to all decisions and measures taken by the relevant authorities, the statement noted.

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