PSMC extends motorcycle, automobile plant shutdown

MG News | July 07, 2023 at 03:42 PM GMT+05:00

0:00

July 07, 2023 (MLN): Pak Suzuki Motor Company Limited (PSX: PSMC) has decided to extend the shutdown of its motorcycle and automobile plant till July 19, 2023, the company’s latest filing on PSX revealed.

This notice is in reference to an announcement made earlier by the company on June 27, 2023.

The above decision is due to the continued shortage of inventory levels.

At the time of writing, the company’s scrip is trading at Rs105.50, up by 0.35% DoD.

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