April 9 (Reuters) - Hydrix Ltd HYD.AX :
* WITHDRAWN ITS FY20 GUIDANCE
* SEES SOME SLOWING AND DEFERRAL OF CONTRACTS, BUT AT THIS POINT, NO CONTRACTS HAVE BEEN CANCELLED
* COMPANY ANTICIPATES SOME PROJECTS UNDER EXISTING CONTRACTS MAY BE SLOWED DOWN DUE TO PANDEMIC
* AS AT 31 MARCH 2020, CASH ON HAND WAS $2.1 MILLION
* DUE TO DEFERED AND SLOWED DOWN PROJECTS THERE IS LIKELY TO BE A REDUCTION IN REVENUE FOR SERVICES DIVISION, IN NEAR TERM PROEJCTS