Business

Ghandhara Tyre to Temporarily Suspend Plant Operations

Ghandhara Tyre & Rubber Company Limited (PSX: GTYR) has decided to temporarily suspend plant operations from Wednesday, 27th November 2024, to Monday, 2nd December 2024.

“Due to planned work on our utility line in the factory, the Boiler will be shut down,” the company said in a stock filing today.

The Company does not foresee any adverse impact on its sales, as all Regional Offices will remain operational, ensuring the continued supply of tyres to the customers.

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The Company will promptly resume operations once the work is completed and will keep the Exchange and stakeholders informed of any material updates in this regard.

GTYR is engaged in the manufacturing and trading of tyres and tubes for automobiles and motorcycles.

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