Brief: Prosperous Industrial Says To Close Vietnam Production Base From July 22-Aug 1

Prosperous Industrial (Holdings)

22/07/2021 11:32

July 22 (Reuters) - Prosperous Industrial (Holdings) Ltd
 1731.HK :
    * VIETNAM PRODUCTION BASE WILL BE TEMPORARILY CLOSED FROM 22
JULY
TO AUG 1
    * NO PLAN TO REALLOCATE PRODUCTION CAPACITY IN VIETNAM TO
BASES IN
CAMBODIA & CHINA
    * SHOULD OPERATIONS RESUME IN AUGUST, EXPECTS VIETNAM
PRODUCTION
BASE WILL BE ABLE TO MAKE UP FOR TEMPORARY CAPACITY SHORTFALL
    * IF VIETNAM BASE RESUMES OPERATIONS IN AUG, TEMPORARY
CLOSURE
WILL NOT MATERIALLY AFFECT FINANCIAL PERFORMANCE AND FINANCIAL
POSITION


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