Pacific Textiles Restores Vietnam Plant Output to Pre-Typhoon Levels; Shares Rise 3%

MT Newswires Live
Jul 04

Pacific Textiles Holdings (HKG:1382) said production at its Vietnam Hai Duong plant has returned to pre-typhoon levels following the installation and commissioning of replacement knitting machines, according to a Thursday Hong Kong bourse filing.

Shares of the company were up about 3% in Friday morning trade.

The company said the new machines are fully operational as of Wednesday. Operations had been disrupted due to damage caused by Typhoon Yagi, but the facility is now ready to resume output at levels comparable to before the storm.

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