Treet Corp’s subsidiary enhancing production capacity of Hemodialysis Solution by 10x

MG News | April 15, 2022 at 11:15 AM GMT+05:00

0:00

April 15, 2022 (MLN): Renacon Pharma Limited (RPL), a subsidiary of Treet Corporation Limited
is enhancing its production capacity, by almost ten times the existing capacity, to meet the demand for Hemodialysis solutions, the company’s filing on the bourse showed today.

Therefore, RPL has executed construction contracts with parties for the resumption of the Construction Works at the business premises of RPL at Faisalabad Industrial Area under (FIEDMC).

As per the company’s notice, it is expected that the new facility will commence its operation around March 2023 and it will enable RPL to tap the entire international export market.

At the time of reporting this, the stock of TREET is currently trading at Rs38.41, i.e., up by Rs0.46 or 1.21% DoD.

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