Shams Textile Mills shuts down production due to unforeseen decline in sale orders

MG News | September 15, 2022 at 11:12 AM GMT+05:00

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September 15, 2022 (MLN): Shams Textile Mills Limited has announced a temporary production shutdown and closure of the Company's plant.

In a notice to Exchange, company said that an unforeseen decrease in the volume of sale orders and the unavailability of conversion of raw material into finish goods has forced the company towards a temporary production shutdown and closure of the Company's plant.

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