January 09, 2024 (MLN): D.M. Textile Mills Limited (PSX: DMTX) has once again requested the Pakistan Stock Exchange (PSX) to remove its name from the defaulter segment in this stage of a difficult environment.

In a notice to PSX, the company stated that DMTX has been able to pay off its entire long-term liabilities of the banks which is a great achievement.

Furthermore, the management revealed that the company has a meager income to meet its day-to-day expenses.

“The management has positive intention and capability to revive the company subject to improvement in the business environment”, the notification further added.

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Posted on: 2024-01-09T11:53:22+05:00