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

Hala Enterprises to increase weaving capacity by 75%

PSX Closing Bell: Flatlined but Holding On

PACRA maintains Nimir Chemicals' ratings

Name	Price/Vol	%Chg/NChg
KSE100	156,177.82 367.85M	-0.00% -3.12
ALLSHR	95,630.38 1,498.37M	-0.06% -60.44
KSE30	47,678.47 206.79M	-0.08% -35.92
KMI30	229,682.22 174.86M	-0.02% -39.87
KMIALLSHR	64,366.76 638.47M	-0.08% -53.31
BKTi	41,922.80 89.51M	-0.11% -46.72
OGTi	31,735.79 16.87M	-0.80% -255.97

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	118,165.00	118,295.00 116,115.00	2340.00 2.02%
BRENT CRUDE	67.85	68.01 67.50	-0.10 -0.15%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	93.50	93.50 93.50	0.15 0.16%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.60	63.82 63.24	-0.45 -0.70%
SUGAR #11 WORLD	16.23	16.59 16.23	-0.33 -1.99%