Category: Manufacturing
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Hino, Mitsubishi Fuso to Merge Under New Publicly Listed Holding Company
In a major development for the global commercial vehicle industry, a definitive agreement has been reached for the integration of Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Hino Motors Ltd. (Hino) — both subsidiaries of a common parent company. According to a disclosure submitted by Hinopak Motors Limited to the Pakistan Stock Exchange, the…
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Siddiqsons Tin Plate Reports Rs. 2.05 Billion Loss for FY 2023–24
PAKISTAN By Najeeb Naich Siddiqsons Tin Plate Limited has posted a significant loss of Rs. 2.05 billion for the fiscal year ended June 30, 2024, as per the company’s statement of profit or loss submitted to the Pakistan Stock Exchange (PSX). The company’s revenue declined to Rs. 4.07 billion in FY24 compared to Rs. 4.39…
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Hino, Mitsubishi Fuso to Merge Under New Publicly Listed Holding Company
PAKISTAN By Najeeb Naich In a major development for the global commercial vehicle industry, a definitive agreement has been reached for the integration of Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Hino Motors Ltd. (Hino) — both subsidiaries of a common parent company. According to a disclosure submitted by Hinopak Motors Limited to the…
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Bolan Castings Extends Production Suspension Amid Continued Drop in Orders
PAKISTAN Bolan Castings Limited has announced an extension of its temporary production shutdown due to a sustained decline in customer orders. The company communicated this update to the Pakistan Stock Exchange (PSX) on Friday. Referring to its earlier disclosure dated April 25, 2025, Bolan Castings had initially suspended production activities from April 28 to May…
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International Steels Limited Commissions 6.4 MW Solar Power Project at Karachi Facility
PAKISTAN International Steels Limited (ISL) has successfully completed and commissioned a 6.4 MW solar power project at its manufacturing facility in Karachi. The company disclosed the development in a notice to the Pakistan Stock Exchange (PSX), confirming that the solar plant is now fully operational. “This initiative aligns with International Steels Limited’s long-term sustainability strategy,…