Bolan Castings to resume production on July 14

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MG News | July 11, 2025 at 01:07 PM GMT+05:00

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July 11, 2025 (MLN): Bolan Castings Limited (PSX: BCL) will resume production operations from July 14, 2025, amid positive developments in the tractor market that have begun to restore demand for its products.

The move followed a temporary production halt last August, when the company suspended operations for five days due to a sharp drop in orders from customers.

At the time, BCL attributed the slowdown to weak sales in the agricultural machinery segment, which heavily influences its business.

Bolan Castings manufactures and sells castings for tractors and automotive parts and operates as a subsidiary of Millat Tractors Limited, one of Pakistan’s leading tractor assemblers.

The company informed the Pakistan Stock Exchange (PSX) that with signs of recovery now emerging in the tractor market, it is set to restart its foundry operations, positioning itself to capitalize on the anticipated uptick in demand.

Copyright Mettis Link News

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