Islamabad, Sep 3: Tomorrow is when Millat Tractors Limited (PSX: MTL) will start producing again, the business said on Tuesday to the primary stock exchange.
The Company intends to restart operations on September 4, 2024, and beyond. According to the stock filing, sales would remain limited until FBR provides clarification on the Sales Tax refund mechanism and applicability.
The company’s main business is the assembly and production of multipurpose goods, agricultural tractors, and tools. Additionally, the company sells, installs, and provides support for IFS applications both domestically and internationally.
MTL’s shares on the market were trading at Rs. 598.98 at the time of filing, up 5.51 percent or Rs. 31.26 with over 141,000 shares on Tuesday.
