Arshad Energy’s plants remain non-functional

MG News | March 11, 2022 at 03:03 PM GMT+05:00

0:00

March 11, 2022 (MLN): Arshad Energy Limited has informed through a notice to exchange that the company’s plants are still having no production as the current furnace prices are not feasible for the plant operations.

The management is pursuing the implementation of an alternate/revival business plan which had been approved by shareholders in an extra general meeting (EOGM) held on February 24, 2022.

Related News

Ashfaq Textile cuts production by 85 looms

Liven Pharma signs toll manufacturing agreement with Wimits

KML adds 2.7MW solar, plans bigger expansion

Name	Price/Vol	%Chg/NChg
KSE100	168,574.69 656.55M	-0.52% -877.17
ALLSHR	102,171.28 1,286.73M	-0.37% -383.53
KSE30	51,175.35 148.55M	-0.55% -285.30
KMI30	242,103.96 144.37M	-0.49% -1186.31
KMIALLSHR	66,703.76 555.89M	-0.35% -232.12
BKTi	45,175.98 30.92M	-0.59% -266.36
OGTi	33,498.14 16.43M	0.45% 149.02

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	90,240.00	92,800.00 89,575.00	-2545.00 -2.74%
BRENT CRUDE	61.51	62.63 61.20	-0.70 -1.13%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	0.95 1.06%
ROTTERDAM COAL MONTHLY	96.50	96.50 96.50	0.25 0.26%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	57.78	58.94 57.51	-0.68 -1.16%
SUGAR #11 WORLD	14.94	14.99 14.84	0.03 0.20%