K+G Complex Public Company Ltd announces that, based on the recent developments in relation to the outbreak of COVID-19 and taking into account the indications to date, estimates that the Company’s results during the current year will be negatively affected.
However, under the circumstances, the Company’s Board of Directors is not currently in a position to foresee the magnitude of the said deviation and the extent of the financial impact that a potential further spread of COVID-19 may have.
The Company’s Board of Directors closely monitors the local and international developments and takes all necessary measures it can in order to mitigate the negative impact from the spread of COVID-19.
C.C.C. Secretarial Ltd
Limassol, 13th March 2020