SPL extends plant shutdown for another month

MG News | December 11, 2023 at 11:14 AM GMT+05:00

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December 11, 2023 (MLN): Sitara Peroxide Limited (PSX: SPL) has decided to extend the suspension of its plant operation and production activities for another thirty days, the notice issued by the company to PSX revealed on Monday.

This closure is attributed to repair work and the replacement of heavy cables and it follows the initial closure notice for thirty days that SPL communicated to the local bourse on November 07.

The company is engaged in the manufacturing and sale of hydrogen peroxide.

At the time of writing, the scrip of the company is being traded at Rs17.26, up by 22 paisa or 1.29%.

SPL and KSE-100 YTD performance

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