Bilal Fibres keenly working towards revival of business operations: PSX

MG News | July 05, 2022 at 02:03 PM GMT+05:00

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July 5, 2022 (MLN): Bilal Fibres Limited has in its progress report issued today informed that it is keenly working to make all possible effects of the revival of their business operations.

The company is currently facing the instability effects going on in the county and increasing prices of electricity, gas and Petroleum.

Bilal Fibres is quite hopeful that the aforementioned situation will be soon better With the help of cheap tariffs, the company will have a smooth ongoing of gas and electricity along with the help of APTMA other departments are taking steps to facilitate us and thus things will change in the coming days.

The company further stated that it will continue reporting its efforts and development in the quarterly Progress Report to the esteemed exchange, under PSX Regulation 5.11.2. (B).

In view of the above, company has requested PSX to remove its name from the defaulter’s segment as it is actively pursuing different options for the revival of operations.

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