Categories: Material Information

BNWM to extend the shutdown of its production activities

In a notification sent to PSX on 26/03/2024 BNWM (Bannu Woollen Mills Ltd) has announced that it is extending the temporary shutdown of its production activities.

BNWM had released the notification on 12th March for a limited time closure of its production activities due to reduction in anticipated orders from
the mills’ dealers for the financial year 2024-2025. Today, the management has decided to extend the temporarily shut down of its production activities from 27 March 2024 to 14 April 2024.

The shares of BNWM were trading at 23.00 at the market closed today.

Aamir Hayat

Recent Posts

Shifa International (SHFA) has returned 150% in two months, will the rally continue?

Shifa International (SHFA) has already rallied 150%, but there is still more upside to the…

2 weeks ago

HUBC’s base plant expiry: What is next for the power giant?

The closure of the Hub Power Company Limited (HUBC) plant marks a significant shift in…

2 months ago

How well did Fatima Fertiliser perform in 2QCY24?

Fatima's 2QCY24 financial performance reflects a challenging quarter, marked by a significant decline in profitability…

3 months ago

How is HMB handling financial challenges to grow?

Habib Metropolitan Bank Limited (HMB) recently released its second-quarter results for 2024, revealing a mixed…

3 months ago

How does MARI and POL reserve life compare?

In the oil and gas sector, the longevity of reserves is a critical measure of…

3 months ago

Is Cherat Cement poised for growth?

Cherat Cement Company Limited (CHCC) has recently released its financial results for the fourth quarter…

3 months ago