Net loss attributable to shareholders was $136,758,000 for the first half of 2020, against income of $165,877,000 last year, as revenues slid 19% to $4,085,633,000 from $5,070,727,000 with both the manufacturing and retail businesses suffering declines. When Covid-19 hit China in Feb., both factories and retail stores were forced to close down, and the hangover from the pandemic continued to affect YY through the second quarter. The Hubei facility was shut down, and capacity was shifted to other factories in SE Asia in response to reduced demand as the pandemic moved west. YY incurred additional expenses of $84 million for ... Log in to view full article.