Jul 15, 2020 11:46 PM (GMT+8) · EqualOcean
Venustech released the financial performance projection for first half of 2020 on July 15. Compared to the same period last year, the result in 1H 2020 turned a profit to the loss, which is expected to be in the range of CNY 28 million to CNY 23 million. The company explained that the unfavorable performances are mainly affected by the pandemic, which suspended the operation of the upstream suppliers. Venustech expects to recover from the affection of COVID-19 soon in the next half of the year.

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