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

News Image

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

0:00

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.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 120,023.24
136.80M
0.02%
20.65
ALLSHR 74,956.95
415.25M
0.09%
64.82
KSE30 36,533.23
44.37M
0.25%
91.50
KMI30 177,648.07
53.46M
0.48%
854.02
KMIALLSHR 51,412.96
224.87M
0.22%
113.15
BKTi 30,161.85
6.28M
0.10%
29.54
OGTi 27,008.50
5.66M
0.59%
157.59
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 103,730.00 106,725.00
102,425.00
-235.00
-0.23%
BRENT CRUDE 77.32 77.67
75.51
-1.53
-1.94%
RICHARDS BAY COAL MONTHLY 88.00 0.00
0.00
-3.70
-4.03%
ROTTERDAM COAL MONTHLY 103.85 0.00
0.00
0.35
0.34%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 74.04 75.74
72.32
0.54
0.73%
SUGAR #11 WORLD 16.53 16.73
16.44
0.22
1.35%

Chart of the Day


Latest News
June 21, 2025 at 06:30 PM GMT+05:00

Pakistan recommends Trump for Nobel Peace Prize


June 21, 2025 at 05:53 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


June 20, 2025 at 11:13 PM GMT+05:00

PM directs PNSC to expand fleet



Top 5 things to watch in this week

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