Fast Cables streamlines operations, expects PKR 100mn annual savings

News Image

MG News | May 06, 2026 at 02:52 PM GMT+05:00

May 06, 2026 (MLN): Fast Cables Limited (PSX: FCL) has completed the consolidation of its Unit 1 located at 7-Canal Bank, Main Jallo Road, Harbans Pura with Unit 2 at Ijtama Chowk, Sundar Industrial Road, Raiwind, Lahore. 

According to a disclosure submitted to the Pakistan Stock Exchange under the Securities Act, 2015 and PSX Rule Book requirements, the consolidation forms part of the company’s post-expansion and modernization strategy.

The integration has unified both facilities into a coordinated manufacturing setup, streamlining production workflows, improving resource utilization, and enhancing operational alignment across the value chain.

Fast Cables stated that the initiative is expected to generate annual cost savings of around PKR 100 million going forward.

In addition to cost efficiencies, the company anticipates benefits in quality assurance, faster production cycles, and improved responsiveness to customer demand.

With the consolidation now fully implemented, the company said it is better positioned to support higher production volumes and sustain operational efficiency, reinforcing its long-term strategy focused on disciplined growth and value creation for stakeholders.

 Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 173,962.82
313.69M
1.30%
2237.52
ALLSHR 104,178.62
550.40M
0.93%
964.13
KSE30 52,166.33
164.58M
1.26%
649.19
KMI30 250,496.48
141.11M
1.59%
3930.77
KMIALLSHR 67,844.06
318.73M
1.20%
801.29
BKTi 47,430.11
44.68M
0.28%
130.40
OGTi 36,386.96
9.01M
0.13%
45.59
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 73,715.00 73,760.00
73,715.00
0.00
0.00%
BRENT CRUDE 91.89 92.95
89.93
-0.81
-0.87%
RICHARDS BAY COAL MONTHLY 117.00 0.00
0.00
-0.75
-0.64%
ROTTERDAM COAL MONTHLY 130.25 131.75
130.00
-0.20
-0.15%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 87.76 89.02
86.35
-1.14
-1.28%
SUGAR #11 WORLD 14.07 14.35
13.90
0.14
1.01%

Chart of the Day


Latest News
May 30, 2026 at 04:31 PM GMT+05:00

Weekly Market Roundup


May 29, 2026 at 09:44 PM GMT+05:00

SBP reserves rise $66m to $17.15bn


May 29, 2026 at 08:19 PM GMT+05:00

Petrol, HSD prices drop Rs22 per litre


May 29, 2026 at 07:19 PM GMT+05:00

Sindh, World Bank review Karachi water network



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg