Gatron Industries set for expansion, benefiting from regulatory duty on polyester import

News Image

By MG News | October 22, 2018 at 11:30 AM GMT+05:00

0:00

October 22, 2018 (MLN): Gatron Industries Limited has decided to expand the manufacturing facilities of its Polyester Filament Yarn, divulged the company in its latest statement issued to the Pakistan Stock Exchange (PSX).

In light of recent support extended by the government as it imposed regulatory duty on imports, Gatron industries has planned to seize the opportunity for substitution of significant imports of polyester filament yarn in the country.

“Certain underway projects will be implemented for production in 2018-19 and further additions in plant and machinery has just been contracted which will commence production in two phases in the next two years,” read the notification.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 125,627.31
258.99M
1.00%
1248.25
ALLSHR 78,584.71
1,142.41M
1.16%
904.89
KSE30 38,153.79
69.25M
0.63%
238.06
KMI30 184,886.50
91.38M
0.01%
13.72
KMIALLSHR 53,763.81
554.57M
0.54%
290.61
BKTi 31,921.68
33.15M
1.78%
557.94
OGTi 27,773.98
9.65M
-0.40%
-112.21
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 107,815.00 108,105.00
107,505.00
-420.00
-0.39%
BRENT CRUDE 66.37 66.63
66.35
-0.37
-0.55%
RICHARDS BAY COAL MONTHLY 97.00 97.00
97.00
1.05
1.09%
ROTTERDAM COAL MONTHLY 107.65 107.65
105.85
1.25
1.17%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 64.70 65.02
64.68
-0.41
-0.63%
SUGAR #11 WORLD 16.19 16.74
16.14
-0.52
-3.11%

Chart of the Day


Latest News
July 01, 2025 at 06:00 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


June 30, 2025 at 11:55 PM GMT+05:00

TRG: Dominos Tumbling for the Management



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg