Pegasus Issues Profit Warning on Loss of Major Customer
The Guangzhou-based factory said as of Sep., it would no longer be doing business with the customer that accounted for 87% of its business for the last FY and 88% of its business for H1 of this year. The customer was not identified, nor was a reason for the split offered. In its statement, the company said it would continue manufacturing for its other customers ... Log in to view full article.
