Brief: Pacific Textiles Holdings Estimates About HK$400 To HK$450 Mln Decrease In Sales Revenue Due To Temporary Production Halt

Pacific Textiles Holdings

25/02/2020 14:33

Feb 25 (Reuters) - Pacific Textiles Holdings Ltd  1382.HK :
    * ESTIMATED THAT THERE WAS ABOUT 400 TO 450 MILLION HKD
DECREASE
IN SALES REVENUE DUE TO TEMPORARY PRODUCTION HALT
    * ESTIMATED THAT IMPACT OF EPIDEMIC ON BUSINESS IS TEMPORARY
    * AS WORKERS RETURNED, PRODUCTIVITY OF PANYU FACTORY ROSE
FROM 40%
TO MORE THAN 80% OF ORIGINAL PRODUCTION LEVEL

Source text for Eikon:  ID:nHKSHLFQF 
Further company coverage:  1382.HK 

 ((Reuters.Briefs@thomsonreuters.com;))