Ghani Chemworld clarifies production halt, local sales to continue
MG News | October 19, 2026 at 04:06 PM GMT+05:00
October 19, 2026 (MLN): Ghani Chemworld Limited (PSX: GCWL) has clarified that it holds sufficient inventory to meet domestic sales requirements despite suspending production amid disruptions to export and import activities.
The Company said the clarification supplements its earlier
disclosure dated October 19, 2026, regarding the suspension of production
activities.
Earlier,
GCWL had informed the PSX that it suspended production because it could no
longer fulfil its export orders, citing unrest affecting maritime routes in the
Middle East and congestion at ports.
The Company said the ongoing situation in the Gulf has
disrupted both exports and imports, preventing it from fulfilling export orders
and leading to the suspension of production activities.
GCWL stated that exports were envisaged as a principal
driver of its business and growth. However, it holds sufficient inventory
available for sale in the domestic market.
The Company intends to sell its accumulated inventory
locally during the production suspension. It clarified that while fresh
production remains suspended, existing stock provides a basis for domestic
sales, subject to prevailing demand and market conditions.
GCWL further clarified that the suspension of manufacturing
activities does not, in itself, constitute a suspension of local sales from
available inventory.
The Company said it will inform shareholders through the PSX
upon resumption of production and communicate further material developments as
appropriate.
The aforementioned information was disseminated through a notification to
Exchange.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 165,966.09 108.61M | -0.27% -453.63 |
| ALLSHR | 100,649.04 369.48M | -0.22% -222.88 |
| KSE30 | 49,203.74 43.42M | -0.23% -112.91 |
| KMI30 | 239,287.91 80.38M | -0.26% -619.69 |
| KMIALLSHR | 65,328.92 210.08M | -0.22% -144.76 |
| BKTi | 45,744.69 8.30M | -0.23% -104.59 |
| OGTi | 33,516.92 3.86M | -0.02% -6.09 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 82,180.00 | 83,200.00 80,700.00 | 580.00 0.71% |
| BRENT CRUDE | 108.45 | 109.65 106.82 | -1.41 -1.28% |
| RICHARDS BAY COAL MONTHLY | 128.50 | 0.00 0.00 | -1.05 -0.81% |
| ROTTERDAM COAL MONTHLY | 145.10 | 0.00 0.00 | -0.55 -0.38% |
| USD RBD PALM OLEIN | 1,167.50 | 1,167.50 1,167.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 98.15 | 99.24 96.72 | -0.87 -0.88% |
| SUGAR #11 WORLD | 20.70 | 20.95 20.53 | -0.15 -0.72% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
National Accounts Q4 FY26