ICQ icar asia limited
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April 21 (Reuters) - Icar Asia Ltd (ICQ) : ICAR ASIA LTD - Q1...

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    21/04/20
    09:20
    Post #: 44157520

    April 21 (Reuters) - Icar Asia Ltd (ICQ) :

    • ICAR ASIA LTD - Q1 2020 UNAUDITED REVENUE EXPECTED TO BE A$3.6M, AN INCREASE OF 36%
    • ICAR ASIA - ALL STAFF, INCLUDING BOARD & 100% OF ALL EMPLOYEES, VOLUNTARILY AGREED TO REDUCE PAY BETWEEN 40% TO 25%, DEPENDING ON SENIORITY
    • ICAR ASIA LTD - EXPECT TO SEE SHORT TO MEDIUM TERM CORONAVIRUS IMPACT TO BUSINESSES WITH MAJORITY EXPECTED TO BE IN Q2
    • ICAR ASIA-UNDERTAKEN MATERIAL COST CUTTING PROGRAM & IMPLEMENTED REVENUE DIVERSIFICATION MEASURES
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