Shahzad Textile installs 67 Knitting machines for Socks & Hosiery manufacturing unit

By MG News | April 14, 2022 at 02:41 PM GMT+05:00

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April 14, 2022 (MLN): Shahzad Textile has installed 60 imported (MACCHINA GK544) and 7 local (L442J &JR) Knitting machines for its Socks & Hosiery manufacturing unit, the company’s filing on the bourse showed today.

This addition will result in a better financial performance of the company as a whole and will enhance the shareholders’ value, the company said.

Moreover, the new products shall mainly be exported to US and EU regions, it added.

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