Pacific Textiles sees slight growth in ASP

29 Dec '09

4 min read

Apart from developing and implementing technologies and techniques to minimize environmental impact, the Group has actively participated in a wide range of activities to promote environmental best practices. During the reporting period, the Panyu plant was accredited Environmentally Trustworthy Enterprise – Green Label by Guangdong Environmental Protection Bureau, and was awarded the Cleaner Production Corporation recognition from the Economic and Trade Commission of Guangdong Province and Guangdong Bureau of Science and Technology.

In addition, the Group was awarded Hang Seng Pearl River Delta Environmental Awards as well as Hang Seng Pearl River Delta Environmental Category Awards - Air Emissions and Noise Abatement jointly issued by the Federation of Hong Kong Industries and Hang Seng Bank in 2009, recognizing its efforts in taking steps to enhance its environmental contributions.

“As a major player in the textile industry, we have a special responsibility to continuously improve sustainability practices in order to reduce our industry's impact on the environment and the community,” said Mr. Wan.

Looking ahead, Mr. Wan commented, “We have seen signs of a gradual market recovery and pick up in consumer demand this year. With our solid customer base, enhanced production capacity and our ability to develop niche products of high-value that meet customer demands, the current economic conditions have given us an opportunity to grow our market share and prepare ourselves well to capitalize on the upturn when it comes. Going forward, we are confident that the Group will be able to ride out the current trying operating environment and emerge stronger in the long run.”

Pacific Textiles Holdings Limited

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