ANL 16.20 Decreased By ▼ -0.18 (-1.1%)
ASC 14.63 Increased By ▲ 0.95 (6.94%)
ASL 20.04 Decreased By ▼ -0.41 (-2%)
BOP 8.55 Decreased By ▼ -0.05 (-0.58%)
BYCO 7.53 Increased By ▲ 0.24 (3.29%)
FCCL 17.50 Increased By ▲ 0.11 (0.63%)
FFBL 23.15 Increased By ▲ 1.68 (7.82%)
FFL 15.25 Increased By ▲ 0.35 (2.35%)
FNEL 7.35 Increased By ▲ 0.05 (0.68%)
GGGL 17.15 Increased By ▲ 0.74 (4.51%)
GGL 29.95 Increased By ▲ 0.10 (0.34%)
HUMNL 5.96 Increased By ▲ 0.17 (2.94%)
JSCL 20.68 Increased By ▲ 0.28 (1.37%)
KAPCO 28.99 Increased By ▲ 0.31 (1.08%)
KEL 3.48 Increased By ▲ 0.03 (0.87%)
MDTL 2.11 Decreased By ▼ -0.09 (-4.09%)
MLCF 33.60 Increased By ▲ 0.18 (0.54%)
NETSOL 106.00 Decreased By ▼ -1.55 (-1.44%)
PACE 4.33 Decreased By ▼ -0.17 (-3.78%)
PAEL 27.95 Increased By ▲ 0.75 (2.76%)
PIBTL 8.70 Increased By ▲ 0.10 (1.16%)
POWER 6.90 Decreased By ▼ -0.03 (-0.43%)
PRL 17.18 Increased By ▲ 0.87 (5.33%)
PTC 9.30 Increased By ▲ 0.12 (1.31%)
SILK 1.44 No Change ▼ 0.00 (0%)
SNGP 42.33 Increased By ▲ 0.27 (0.64%)
TELE 16.45 Decreased By ▼ -0.09 (-0.54%)
TRG 135.78 Decreased By ▼ -2.22 (-1.61%)
UNITY 29.90 Increased By ▲ 1.40 (4.91%)
WTL 2.40 Decreased By ▼ -0.05 (-2.04%)
BR100 4,668 Increased By ▲ 50.21 (1.09%)
BR30 20,892 Increased By ▲ 107.28 (0.52%)
KSE100 44,822 Increased By ▲ 487.85 (1.1%)
KSE30 17,521 Increased By ▲ 178.45 (1.03%)

Coronavirus
LOW Source: covid.gov.pk
Pakistan Deaths
28,252
2424hr
Pakistan Cases
1,263,664
89324hr
1.7% positivity
Sindh
465,175
Punjab
437,572
Balochistan
33,114
Islamabad
106,402
KPK
176,650
Pakistan

Nishat resumes textile production in Pakistan, after government relaxation

Nishat Mills Limited has resumed partially its production activities. Kohat Textile Mills Limited, Masood Text
Updated 10 Apr 2020
  • Nishat Mills Limited has resumed partially its production activities.
  • Kohat Textile Mills Limited, Masood Textile Mills Limited, and Saif Textile Mills Limited have previously announced to resume production activity.

Nishat Mills Limited has joined the string of textile mills in the country to resume their operations after the company informed that it is partially resuming production activities.

“In view of the relaxation allowed to the textile industry from the current situation of lockdown due to COVID-19, by the authorities, Nishat Mills Limited has resumed partially its production activities/ operations,” read a filing submitted to the Pakistan Stock Exchange (PSX) on Friday.

A number of textile mills have resumed their operations in the country, after relaxation provided by the government to the country’s largest industrial sector. Kohat Textile Mills Limited, Masood Textile Mills Limited, and Saif Textile Mills Limited have previously announced to resume production activity.

Meanwhile, this is not the case with oil refineries in the country after National Refinery Limited announced that it is extending its shutdown duration.

“Pursuant to the extended lockdown situation and reduced demand for petroleum products, the company has decided to continue with the temporary shutdown of production till the situation improves,” the company said in a statement.

Automobile assembler Atlas Honda has also announce to close its operat6ions till April 14.

“In continuation of our letter dated Mar 27, 2020 and to comply with the directives of the Punjab Government relating to outbreak of COVID-19, the company, its plant operations and regional offices shall further be closed till April 14, 2020. The company fully supports the efforts of the Government to contain the spread of this pandemic for the safety of all.

Earlier, DG Khan Cement Company Limited and Philip Morris Pakistan Limited announced to resume their operations, after relaxation from the government.

 

 

Comments

Comments are closed.