US
Three firms announce temporary shutdowns
字号+ Author:Smart News Source:Sports 2025-01-15 08:10:56 I want to comment(0)
KARACHI: Indus Motor Company (IMC) on Friday announced suspension of production from Nov 18 to 20 due to parts shortage. In a stock filing on Friday, IMC said it is currently experiencing a shortage of raw materials and components, compounded by ongoing supply chain disruptions. “The company is facing challenges in sourcing the necessary parts, which has impacted its ability to meet production requirements,” it added. Despite plant closures, sales swelled by 56pc to 8,692 units in 4MFY25 from 5,558 in the same period last year. Balochistan Glass Ltd (BGL) said that the production at Unit 1, located in Hub District Lasbela, was temporarily suspended due to technical issues. “Production will resume once the technical issues are resolved,” the company announced through a stock filing. Lotte Chemical informed the PSX of the suspension of plant operations from Nov 16 to Dec 15 to efficiently manage inventory together with planned maintenance shutdown.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Jason Gillespie reveals lack of communication behind resignation as Pakistan coach
2025-01-15 08:07
-
Imran Khan 'slams deferral of £190m case verdict'
2025-01-15 07:45
-
NAB reference: Ex-Punjab CM Parvez Elahi indicted in graft case
2025-01-15 07:23
-
NAB reference: Ex-Punjab CM Parvez Elahi indicted in graft case
2025-01-15 07:03
User Reviews
Recommended Reads
Hot Information
- Latest Currency Exchange Rates in Pakistan Today – 8 December 2024
- PTI bound to make 'mandate demand', says Sanauallah as party slams 'hurdles' in meeting Imran
- PTI bound to make 'mandate demand', says Sanauallah as party slams 'hurdles' in meeting Imran
- Karachiites quiver as mercury drops to 6.2°C
- Currency Rates in Pakistan Today – US Dollar, Euro, SAR, AED to Rupee – 9 January 2025
- NAB reference: Ex-Punjab CM Parvez Elahi indicted in graft case
- PTI bound to make 'mandate demand', says Sanauallah as party slams 'hurdles' in meeting Imran
- PTI bound to make 'mandate demand', says Sanauallah as party slams 'hurdles' in meeting Imran
- New Study finds shocking amounts of Microplastics in Tea Bags; details inside
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content