Bannu Woollen Mills extends production shutdown amid reduced dealer orders

News Image

MG News | March 26, 2024 at 11:24 AM GMT+05:00

Join our Whatsapp channel
Add Mettisglobal as a Trusted Source on Google Google
0:00

March 26, 2024 (MLN): Due to a reduction in anticipated orders from the mill's dealers for the financial year 2024-2025, the management of the Bannu Woollen Mills Limited (PSX: BNWM) has decided to extend the temporary shut down of its production activities from March 27, 2024 to April 14, 2024.

The company disseminated this information through a notice issued to PSX today.

It is crucial to note that the company's production activities will resume on April 15, 2024.

"Further updates, if any, in this regard will be communicated accordingly," the notice concludes.

The company is principally engaged in the manufacture and sale of woolen yarn, cloth, and blankets.

At the time of writing, BNWM's share is being quoted at Rs23, down 50 paisa or 2.13% compared to the previous session's close.

Copyright Mettis Link News

Related News

News
OCTOPUS Q1 profit drops 29% even with strong revenue growth
News
SGPL plans Rs535m right issue
News
LSEFSL plans Rs10 to Rs1 share split, Rs100m investment
Name Price/Vol %Chg/NChg
KSE100 161,805.02
195.97M 		-2.29%
-3791.05
ALLSHR 97,831.99
495.75M 		-2.19%
-2185.72
KSE30 48,340.67
77.02M 		-2.27%
-1124.26
KMI30 232,680.60
78.39M 		-2.62%
-6271.80
KMIALLSHR 63,675.05
227.49M 		-2.51%
-1639.11
BKTi 43,875.66
32.84M 		-2.04%
-913.32
OGTi 33,979.39
8.60M 		-3.21%
-1127.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,415.00 78,495.00
76,020.00 		-2795.00
-3.53%
BRENT CRUDE 112.08 112.72
106.87 		2.82
2.58%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00 		-7.25
-6.18%
ROTTERDAM COAL MONTHLY 110.50 110.65
110.10 		1.30
1.19%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50 		0.00
0.00%
CRUDE OIL - WTI 104.31 105.21
98.60 		3.29
3.26%
SUGAR #11 WORLD 14.71 14.95
14.57 		-0.09
-0.61%
Chart of the Day
Latest News
May 18, 2026 at 11:58 PM GMT+05:00

Pakistan exports gain 14% in April

May 18, 2026 at 11:42 PM GMT+05:00

Pakistan's April imports hit $6.8bn, up 33%

May 18, 2026 at 11:15 PM GMT+05:00

Pakistan imports from China clocks in at $1.8bn

May 18, 2026 at 09:42 PM GMT+05:00

Overseas investors repatriate $2bn in 10MFY26

Top 5 things to watch in this week
Current Account Balance
Real Effective Exchange Rates Indices
Summary of Foreign Investments in Pakistan
Private Sector Credit
Banking Sector Spreads
Previous
Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg