Baluchistan Wheels temporarily halts production amid sales decline

MG News | June 16, 2023 at 12:40 PM GMT+05:00

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June 16, 2023 (MLN): Baluchistan Wheels Limited (PSX: BWHL) has decided to temporarily halt the production activities on account of non-production days from June 19, 2023 till the end of Eid holidays, the company’s filing on PSX revealed today.

“Due to the reduction in production volumes of our major customers/OEMs, the company is facing drop in sales orders,” the notice reads.

The production activities of BWHL will resume immediately after Eid holidays.

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