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Pakistan’s Auto Parts Maker Temporarily Shut Down Operations Due to Economic Crisis

Baluchistan Wheels Limited (BWHL) announced on Friday that it would extend the stoppage of its production activities till December 30 as the economic downturn is still hurting Pakistan’s industrial sector.

BWHL informed the Pakistan Stock Exchange of the development in a notice (PSX).

“In furtherance to our earlier disclosure dated December 09, 2022, regarding the temporary closure of production activities due to a drop in our sales order from the OEMs [Original Equipment Manufacturers] owing to depressed demand.”

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