tiprankstipranks
Pacific Textiles Halts Production Amid Typhoon Aftermath
Company Announcements

Pacific Textiles Halts Production Amid Typhoon Aftermath

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

Don't Miss our Black Friday Offers:

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.

Related Articles
TipRanks Auto-Generated NewsdeskPacific Textiles Reports Mixed Earnings Amid Challenges
TipRanks HongKong Auto-Generated NewsdeskPacific Textiles Declares Interim Dividend for 2024
TipRanks HongKong Auto-Generated NewsdeskPacific Textiles Holdings Reports Decline in Profits
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App