Fast Cables completes plant expansion

MG News | February 18, 2026 at 02:00 PM GMT+05:00

0:00

February 18, 2026 (MLN): Fast Cables Limited (PSX: FCL) has completed the expansion of its manufacturing facilities using proceeds from its Initial Public Offering (IPO), the company said in a filing with the Pakistan Stock Exchange.

The upgrade includes the induction of advanced machinery, enhancing production efficiency, product quality, and delivery timelines.

With the expanded facilities now operational, Fast Cables aims to meet rising market demand more quickly and strengthen its competitive position.

The company said the expansion is expected to create sustainable value for stakeholders, positioning it for growth in a competitive industry.

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