Frankie Wong's comment on OFI. All Comments

Frankie Wong
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The Group is running at 60 percent of the production capacity due to the 60 percent workforce requirements by
the relevant authority. Production was temporarily stopped for around two weeks in this quarter in
compliance with the relevant authority’s instructions and for sanitization purposes. These
measures and precautions have negatively impacted our production and eventually our sales for
this quarter.
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Frankie Wong
However, the Board still expects that the performance of the Group will be satisfactory and remain
positive for the financial year ending 31 March 2022, despite facing various challenges from the
competitive markets and the uncertainties due to the global pandemic issue.
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Jasmine Lew
No doubt the sales has dropped a lot compared to preceding quarter, but given 60% workforce restriction, last QR at least shows positive profit… it doesn’t really look that bad to me in my opinion…
1 Like · 2 years · translate