Fast Cables streamlines operations, expects PKR 100mn annual savings

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

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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.

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