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BRIEF-Hi-P International Recommends Final Dividend Of 2.0 Singapore Cents

Reuters SG

Feb 13 (Reuters) - Hi-P International Ltd:

* RECOMMENDS FINAL DIVIDEND OF 2.0 SINGAPORE CENTS

* FY REVENUE S$1.37 BILLION VERSUS S$1.40 BILLION

* COVID-19 HAS IMPACTED MANUFACTURING OPERATIONS IN CHINA THROUGH GOVERNMENT MANDATED CLOSURE OF OUR FACTORIES FROM 3 TO 9 FEB

* EXPECTS LOWER REVENUE AND PROFIT FOR 1H2020 AS COMPARED TO 1H2019

* GROUP EXPECTS HIGHER REVENUE AND PROFIT FOR 2H2020 AS COMPARED TO 1H2020

* GROUP EXPECTS HIGHER REVENUE AND LOWER PROFIT FOR FY2020 AS COMPARED TO FY2019 Source text for Eikon: Further company coverage: