Ruby Textile Mills struggles to resume operations

MG News | April 03, 2025 at 11:23 AM GMT+05:00

0:00

April 03, 2025 (MLN): The management of Ruby Textile Mills Limited (PSX: RUBY) is anxiously working on the foremost solution to initiate operations.

Unfortunately, due to economic distress and held LCs policies, the situation is becoming tougher, the company’s filing on PSX revealed today.

The management is working on different feasibilities to improve the scenario and bring the business back on track.

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