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BRIEF-Jatenergy Says Lactoferrin Range Sales Increased Due To Coronavirus Fears

Published 03/02/2020, 11:53 am
Updated 03/02/2020, 11:57 am
© Reuters.  BRIEF-Jatenergy Says Lactoferrin Range Sales Increased Due To Coronavirus Fears
JAT
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Feb 3 (Reuters) - Jatenergy Ltd JAT.AX :

* INCREASED LACTOFERRIN RANGE SALES DUE TO CORONAVIRUS FEARS

* JAT IS MAKING EVERY EFFORT TO INCREASE PRODUCTION TO MEET DEMAND

* CURRENT NEURIO MANUFACTURER HAS ADVISED IT HAS CAPACITY TO MEET INCREASED ORDERS FROM JAT

* NOT ADVISED THAT RESTRICTIONS OF MOVEMENT OF PEOPLE IN CHINA WILL PREVENT SALES AND DISTRIBUTION OF NEURIO PRODUCTS TO CONSUMERS

* DESPITE DISRUPTION, JAT EXPECTS MATERNITY AND INFANT BOUTIQUE TO OPEN IN SHANGHAI IN MARCH 2020

* SALES OF NEURIO LACTOFERRIN BRANDS IN JAN 2020 $3.44 MILLION VERSUS $407,000 IN JAN 2019

* ANMA IS INCREASING ITS PRODUCTION TO MEET ORDERS

* ANMA FACTORY INCREASING PRODUCTION TO MEET EXPECTED RISE IN LEVEL OF ORDERS OVER NEXT FEW MONTHS

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