Production at Arshad Energy remains halted during quarter

MG News | April 04, 2022 at 02:13 PM GMT+05:00

0:00

April 04, 2022 (MLN): Arshad Energy Limited (AEL) has informed through a notice to exchange that the current furnace prices are not feasible for the plant operations, hence, the company’s plants are still having no production during the quarter ended March 31, 2022.

The management is pursuing the implementation of an alternate/revival business plan which had been approved by shareholders in an extra general meeting (EOGM) held on February 24, 2022.

Copyright Mettis Link News

Related News

Weekly Market Roundup

HMB profit drops 10% to Rs23bn, declares Rs12 dividend

National Foods DMCC rebrands to National Foods FZCO

Name	Price/Vol	%Chg/NChg
KSE100	179,603.73 379.80M	-0.50% -908.92
ALLSHR	108,021.19 705.75M	-0.35% -379.48
KSE30	54,828.33 124.04M	-0.69% -379.24
KMI30	253,396.08 110.85M	-0.77% -1976.44
KMIALLSHR	69,330.18 392.81M	-0.57% -398.02
BKTi	51,913.39 44.12M	-0.50% -259.93
OGTi	35,053.03 27.27M	-0.84% -295.86

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	68,980.00	0.00 0.00	145.00 0.21%
BRENT CRUDE	67.73	68.05 66.89	0.21 0.31%
RICHARDS BAY COAL MONTHLY	96.00	0.00 0.00	-1.50 -1.54%
ROTTERDAM COAL MONTHLY	104.60	104.60 104.60	1.30 1.26%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	62.81	0.00 0.00	-0.08 -0.13%
SUGAR #11 WORLD	13.55	13.57 13.42	0.07 0.52%