Non-operational status persists for BILF in Q3CY24

News Image

By MG News | October 02, 2024 at 01:04 PM GMT+05:00

0:00

October 02, 2024 (MLN): Bilal Fibres Limited (PSX: BILF) continues to be non-operational due to the adverse economic condition of Pakistan, as stated by BIFL in its progress report for Q32024 issued to the domestic stock market today.

The report highlights the company's ongoing challenges with working capital and prevailing political instability, litigation with the banking companies and high manufacturing costs.

As a result, it remains impossible for us to commence operations in the near future.

Despite these challenges, the directors and management are actively working to navigate the situation and restore operations.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 132,576.99
161.03M
-0.62%
-826.20
ALLSHR 82,983.68
903.36M
-0.25%
-204.38
KSE30 40,358.80
56.86M
-0.72%
-292.66
KMI30 190,727.32
67.92M
-0.71%
-1356.60
KMIALLSHR 55,698.48
457.08M
-0.27%
-149.22
BKTi 36,242.06
11.15M
-0.50%
-180.82
OGTi 28,323.42
10.71M
-0.40%
-114.19
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 111,610.00 111,625.00
111,425.00
-635.00
-0.57%
BRENT CRUDE 70.18 70.71
69.61
0.03
0.04%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.45
1.51%
ROTTERDAM COAL MONTHLY 108.00 109.00
107.95
0.90
0.84%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.22 68.31
68.20
-0.16
-0.23%
SUGAR #11 WORLD 16.54 16.61
16.08
0.41
2.54%

Chart of the Day


Latest News
July 09, 2025 at 11:58 PM GMT+05:00

Auction Result: Govt raises Rs1.5tr through T-bills


July 09, 2025 at 05:27 PM GMT+05:00

Gold price in Pakistan falls Rs3,000 per tola


July 09, 2025 at 05:26 PM GMT+05:00

UBL crowned top performing Primary Dealer in FY25


July 09, 2025 at 05:11 PM GMT+05:00

SECP approves name change for Secure Logistics



Top 5 things to watch in this week

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