Asian Citrus Holdings Ltd Tuesday said Typhoon Rammasun has had a significant impact on its business in China.
The orange plantation company said the typhoon, which hit Vietnam and China Monday, had caused widespread damage in Guangxi, China, where its Hepu Plantation is located.
Asian Citrus said the damage in the area was significant and it would take some time for the group to assess the physical and financial losses caused by the storm.
In a statement, the company said it would provide a more detailed update on the damage caused when it is practicable.
Asian Citrus shares were down 3.7% to 13.13 pence on Tuesday.