BNWM to temporarily shut down production amid order shortfall

By MG News | March 12, 2024 at 12:09 PM GMT+05:00

0:00

March 12, 2024 (MLN): Bannu Woollen Mills Limited (PSX: BNWM) has decided to temporarily shut down production activities from March 13, 2024, to March 26, 2024, due to a reduction in anticipated orders from mills dealers for the financial year 2024-2025.

According to a notice issued by the company on Tuesday, production is expected to resume on March 27, 2024.

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

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