STPL to halt production at winder plant for two weeks

MG News | November 28, 2023 at 01:24 PM GMT+05:00

0:00

November 28, 2023 (MLN): Siddiqsons Tin Plate Limited (PSX: STPL) has decided to temporarily close its Winder Plant from November 28 to December 11, 2023, the company’s filing on the local bourse revealed today.

This action aligns with the company's decision to temporarily curtail production.

The principal activity of STPL is the manufacturing and sale of tin plates, cans, and other steel products.

At the time of writing, the company's share is being traded at Rs8, down by 24 paisa or 2.91% compared to its previous close.

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