But with travel restrictions on mainland China disrupting supply chains, the board said that Powermatic,"like many other multinational companies having key operations in the PRC", relies on logistics infrastructure to access raw materials and ship finished products globally.
Given the continued uncertainty of the coronavirus situation,"it is currently difficult to ascertain the financial impact it has on the financial performance of the group", the company added. Meanwhile, Zhongmin Baihui Retail Group's stores have been open for shorter than usual since early-February. While the stores were supposed to resume their normal trading hours over the weekend, the move to adopt shorter hours has now been extended to Wednesday.
Changsha Sasseur Outlets, an outlet mall in Hunan province's capital of Changsha, has been closed since Jan 26. It was supposed to stay shut until Sunday but"will now remain closed till further notice", the board disclosed.
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