Pacific Textiles Holdings (HK:1382) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Pacific Textiles Holdings Limited has announced a temporary suspension of production at their Vietnam Hai Duong Plant due to damage from Typhoon Yagi, with an estimated resumption in four weeks. The company is reallocating production orders to other plants to minimize customer impact, and is working with insurers to assess financial implications. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.
For further insights into HK:1382 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money