BNWM shuts down plant amid supply chain disruption

MG News | June 27, 2023 at 02:11 PM GMT+05:00

0:00

June 27, 2023 (MLN): The management of Bannu Woollen Mills Limited (PSX: BNWM) has decided to temporarily shut down its production activities from July 2 to July 15, 2023, the company’s latest filing on PSX revealed.

This temporary closure is attributed to the shortage of raw materials.

“The production activities of the company would resume from July 16, 2023,” the notice reads.

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

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