Ascendis Health warns of full-year loss after huge write-downs
Ascendis says it has seen lower sales in SA owing to liquidity constraints and supply challenges
22 October 2019 - 10:18
Health and wellness firm Ascendis Health, which has twice delayed its results to end-June, warned on Tuesday it swung into a loss after suffering impairments that are almost double its market capitalisation.
The company's share price slumped 9.91% to R4.18 on Tuesday morning, putting it on track for its worst one-day performance in seven months...
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