Ruby working to resume operations

MG News | December 31, 2024 at 12:35 PM GMT+05:00

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December 31, 2024 (MLN): Ruby Textile Mills Limited (PSX: RUBY) has reported ongoing efforts to resume operations despite mounting economic challenges and restrictive policies on Letters of Credit (LCs).

In its progress report for the quarter ended December 31, 2024, the management emphasized its commitment to finding viable solutions.

"The management is working upon different feasibilities to improve the scenario and bring the business back on track," the report reads.

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