The listed firm Safko Spinning Mills Limited’s board of directors has made the decision to halt manufacturing. Sources from the Dhaka Stock Exchange (DSE) disclosed this information.
The source claims that the company’s board of directors has made the decision to temporarily halt or suspend the mills’ operations until things improve and losses are minimized.
For the next two months starting on February 1, the company’s manufacturing has been temporarily halted.
It is important to note that the company’s mills are operating normally in other areas, including planned maintenance. Production will begin as soon as possible, according to the business.
