The impact of the strike on Nexteer's finances is uncertain,...
The impact of the strike on Nexteer's finances is uncertain, and there are still doubts about making up for the losses. Despite cost control, it is estimated that it will still cost about 40 million US dollars, and the supplier is not able to pay compensation. Supply issues have been mitigated, but others may arise in the future, such as freight, overtime, and additional labor costs.
Nexteer (01316): The strike has affected several projects at the Group's North American facilities
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more
Comment
Sign in to post a comment