Bolan Castings resumes production

MG News | September 16, 2024 at 01:03 PM GMT+05:00

0:00

September 16, 2024 (MLN): The management of Bolan Castings Limited (PSX: BCL) has decided to resume its production activities, effective Wednesday, September 18, 2024.

BCL shared the development in its notice to the Pakistan Stock Exchange (PSX) on Monday.

The company had halted production activities since August 26 due to a drastic drop in customer orders, which led to a decline in sales.

Additionally, the company said delays in payments from its main customer were causing severe financial strain.

Copyright Mettis Link News

Related News

Nishat duo to buy back 285m shares

PPL rejects reports of Artificial Island

TPL Corp swings to Rs1bn profit on strong revenue surge

Name	Price/Vol	%Chg/NChg
KSE100	163,018.66 138.30M	0.05% 81.72
ALLSHR	98,973.80 403.59M	0.17% 164.66
KSE30	49,460.79 51.40M	0.03% 14.97
KMI30	233,011.03 39.62M	0.13% 295.18
KMIALLSHR	64,476.20 200.81M	0.14% 88.53
BKTi	44,076.19 19.45M	0.29% 129.30
OGTi	32,306.98 7.87M	0.17% 56.15

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	84,190.00	88,150.00 81,485.00	-2250.00 -2.60%
BRENT CRUDE	62.54	63.02 62.20	-0.84 -1.33%
RICHARDS BAY COAL MONTHLY	85.00	0.00 0.00	0.25 0.30%
ROTTERDAM COAL MONTHLY	96.25	0.00 0.00	0.15 0.16%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	58.08	58.80 57.75	-0.92 -1.56%
SUGAR #11 WORLD	14.60	14.74 14.59	-0.06 -0.41%