Brief: Carry Wealth Plans To Downsize Manufacturing Facility At Heshan

Carry Wealth Holdings

24/05/2024 09:50

May 24 (Reuters) - Carry Wealth Holdings Ltd  0643.HK :
    * HAS PLANNED TO DOWNSIZE MANUFACTURING FACILITY AT HESHAN
    * HESHAN FACILITY HAS EFFECT TO HELP REDUCE COSTS FOR GROUP
IN
LONG RUN
    * UPON COMPLETION OF EXISTING PRODUCTION ORDERS HESHAN
FACILITY
WILL NOT HANDLE ANY FURTHER PRODUCTION ORDERS OF GROUP
    * PRODUCTION ORDERS ORIGINALLY ALLOCATED TO HESHAN FACILITY,
WITH
ORIGINAL SHIPMENT DATES AFTER MAY, TO BE PLACED TO OVERSEAS
SUBCONTRACTORS

Further company coverage:  0643.HK 

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