Village Roadshow Limited (ASX:VRL) has provided update on COVID-19.
In the Cinema Exhibition division, major Studios have rescheduled several 2H FY20 titles.
Theme Parks division has continued to experience a drop in visitation, especially from the international tourist.
At present scenario, seeing the uncertainty surrounding COVID-19, the company is not able to predict the overall consequence for the financial results of VRL for FY2020. Hence, it is impossible to predict a meaningful guidance at this point.
At AEDT 01:10 PM, VRL shares are trading at $0.955, down 22.984%.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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