Pacific Textiles Holdings (HK:1382) has released an update.
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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.