Roshan Packages Ltd reports Rs1.9 bln capatalisation of its expansion projects

MG News | November 12, 2018 at 03:32 PM GMT+05:00

0:00

November 12, 2018 (MLN): Roshan Packages Limited has released its quarterly progress report on the implementation of the two expansion projects for the quarter ended September 30^th 2018.

According to the notification issued to PSX, the two expansion projects – Corrugation Expansion project and Flexible Expansion Project – were under implementation. Total estimated cost of both the projects was Rs 2.3 billion out of which Rs 1.9 billion were capitalized till the reporting date.

These projects are fully operational, however, some ancillary items not related to production like civil works and equipment’s related to firefighting are in progress. Slitting machine and Doctor Rewinder machine from BIMEC S.R.L Italy were successfully installed and commissioned and now they are fully operational.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	159,592.91 216.91M	0.31% 496.12
ALLSHR	97,116.33 768.06M	0.46% 445.03
KSE30	48,297.58 106.33M	0.31% 148.84
KMI30	228,607.02 68.07M	0.59% 1329.76
KMIALLSHR	63,247.23 258.39M	0.62% 387.33
BKTi	44,604.42 43.32M	0.63% 277.31
OGTi	30,819.67 8.30M	0.93% 283.08

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	102,195.00	102,825.00 99,425.00	985.00 0.97%
BRENT CRUDE	63.56	64.39 63.46	0.18 0.28%
RICHARDS BAY COAL MONTHLY	87.25	0.00 0.00	0.10 0.11%
ROTTERDAM COAL MONTHLY	96.75	96.75 96.75	-0.20 -0.21%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	59.68	60.46 59.52	0.25 0.42%
SUGAR #11 WORLD	14.12	14.37 14.09	-0.07 -0.49%