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Today's Paper | October 18, 2024

Published 30 Aug, 2022 06:58am

Pak Suzuki extends plant shutdown

KARACHI: Pak Suzuki Motor Company Ltd (PSMCL) has extended its plant shutdown to Aug 29-31 due to State Bank of Pakistan’s restrictions that have adversely impacted clearance of import consignments, which resultantly affected the inventory levels, the company said in a stock filing on Monday.

Earlier, the company had kept its plant shut from Aug 22-26 and Aug 18-19.

The two-wheeler assembly plant would remain operative, PSMCL said.

Last week, the company resumed the booking of a few four wheelers models after suspending it from July 1 onwards.

Published in Dawn, August 30th, 2022

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