April 23 (Reuters) - SDI Ltd (SDI) :
- COVID‐19 PANDEMIC HAD MINIMAL EFFECT ON OPERATIONS IN FIRST 3 QUARTERS OF FY TO MARCH 31
- NOW EXPECTS THERE WILL BE MATERIAL IMPACT OF COVID-19 ON JUNE QUARTER SALES
- SEES SALES IN A$ TO BE ABOUT 13% DOWN FOR FY
- DIRECTORS & MANAGEMENT SALARY REDUCTIONS OF AT LEAST 40%
- EXPECTS PROFIT AFTER TAX TO BE IN RANGE OF $3.5 MILLION TO $4.5 MILLION FOR FY
- STARTED COST CUTTING MEASURES IN APRIL INCLUDING DIRECTORS & MANAGEMENT SALARY REDUCTIONS OF AT LEAST 40%
- REDUCING OTHER OPERATIONAL WAGE & SALARY COSTS; APPLYING FOR ALL GOVERNMENT COVID‐19 SUBSIDY PROGRAMS
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