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Mutai Textile (01382. HK): Vietnam'S Factory Production Is Gradually Recovering To The Original Level

2019/2/27 9:42:00 339

Mutai TextileTextile StocksLatest Announcement

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Mutai Textile (01382) released the further development of the impact on the plant operation in Vietnam. The construction of the pipeline system and the pool has been completed according to the latest requirements formulated by the Environmental Protection Bureau, and all necessary permits or confirmations from relevant departments were obtained in February 2019.

The production capacity of the plant is increasing and will fully recover to the production capacity before the shutdown. Depending on the sales order volume, it is expected that the production capacity of the plant will rise to about 80% to 90% of the design capacity in April 2019.

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