Keytone Dairy Provides Update on Coronavirus Impact

1 min read | February 26, 2020 01:40 PM AEDT | By Team Kalkine Media

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Keytone Dairy Corporation Limited (ASX: KTD) has provided an update on the impact of, and opportunities presented by, the recent outbreak of Coronavirus.
• Coronavirus expected to have an immaterial impact on the company’s business;
• Chinese consumption of staple food products, including dairy, is reported to have increased substantially due to the Coronavirus crisis;
• The company’s product development team is prioritising development of immunity-style nutritional products to meet in-bound demand from the Chinese market.
At AEST 01:19PM, the stock was trading at $0.320 per share, down by 1.538% from its previous close.

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