PSMC shuts down motorcycle plant for 2 weeks

MG News | July 31, 2023 at 12:01 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

July 31, 2023 (MLN): Pak Suzuki Motor Company Limited (PSX: PSMC) has decided to shut down its motorcycle plant from July 31 to August 15, 2023, the company’s latest filing on PSX revealed.

The above decision is due to a shortage of inventory levels.

However, the automobile plant of PSMC will remain operative.

Notably, this comes after the motorcycle plant had been shut down till July 16, 2023.

PSMC is engaged in the assembling, progressive manufacturing, and marketing of Suzuki cars, pickups, vans, 4x4s and motorcycles, and related spare parts.

Copyright Mettis Link News

Related News

Agro Processors & Atmospheric Gases seeks PSX main board listing

Paramount Spinning remain non-operational

HRPL gets $500,000 interest-free sponsor funding

Name	Price/Vol	%Chg/NChg
KSE100	173,518.82 409.23M	-3.56% -6408.23
ALLSHR	105,463.40 895.64M	-3.48% -3807.29
KSE30	51,709.62 172.22M	-3.72% -1996.09
KMI30	244,367.91 157.85M	-3.61% -9164.01
KMIALLSHR	67,803.26 534.35M	-3.35% -2349.37
BKTi	49,017.52 55.15M	-3.88% -1979.98
OGTi	34,971.98 16.59M	-3.44% -1244.10

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,705.00	65,450.00 61,925.00	2355.00 3.78%
BRENT CRUDE	84.75	87.55 83.37	1.45 1.74%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.30 -1.21%
ROTTERDAM COAL MONTHLY	119.00	119.50 118.50	-0.50 -0.42%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	79.32	81.27 77.84	1.18 1.51%
SUGAR #11 WORLD	14.92	15.00 14.67	0.17 1.15%