Cherat Packaging secures $638,000 from papersack line sale

MG News | December 31, 2024 at 02:41 PM GMT+05:00

0:00

December 31, 2024 (MLN): Cherat Packaging Limited (PSX: CPPL) has successfully completed the transaction and received sales proceeds amounting to $638,000, the company's filing on PSX revealed today.

This signifies the successful completion of the sale of the Company’s papersack production lines.

CPPL will continue supporting the cement industry by providing high-quality polypropylene bags.

Additionally, the Company is focused on launching a new SOS/Carrier bag business and expanding its current Flexible Packaging operations.

Copyright Mettis Link News

Related News

Ashfaq Textile cuts production by 85 looms

NTC extends anti-dumping duties on aluminium cans

Liven Pharma signs toll manufacturing agreement with Wimits

Name	Price/Vol	%Chg/NChg
KSE100	168,574.69 656.55M	-0.52% -877.17
ALLSHR	102,171.28 1,286.73M	-0.37% -383.53
KSE30	51,175.35 148.55M	-0.55% -285.30
KMI30	242,103.96 144.37M	-0.49% -1186.31
KMIALLSHR	66,703.76 555.89M	-0.35% -232.12
BKTi	45,175.98 30.92M	-0.59% -266.36
OGTi	33,498.14 16.43M	0.45% 149.02

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	90,160.00	92,800.00 89,440.00	-2625.00 -2.83%
BRENT CRUDE	60.99	62.63 60.77	-1.22 -1.96%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	0.95 1.06%
ROTTERDAM COAL MONTHLY	96.50	96.50 96.40	0.25 0.26%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	57.30	58.94 57.01	-1.16 -1.98%
SUGAR #11 WORLD	14.86	14.99 14.82	-0.05 -0.34%