2003

Sales in the financial year ended August 2003 reached HK$5.5 billion (US$705 million) and the number of employees exceeded 20,000.

A total of seven overseas trade / representative offices have been set up during the period of 1993 to 2003: Vancouver, Toronto, Singapore, Shanghai, New York, Seoul and Ho Chi Minh City.

Jiangyin Fuhui Textiles Limited, which is located at Jiangyin Economic Development Zone in the Jiangyin City, Jiangsu Province in China, was established and started production in September.

In October, the Group set up Enping Hui Hua Textiles Limited, which is located in Enping, Guangdong, China for the production of ring spun yarn. Ring spinning capacity increased to 196,000 spindles.