June 29, 2026 (MLN): Service Long March Tyres Limited (PSX:SLM) has enhanced its production capacity for Truck
and Bus Radial tyres from 1.6 million tyres per annum to 2 million tyres per
annum, representing an increase of approximately 25%.
The expanded
capacity is expected to enable the company to better cater to growing demand in
both domestic and export markets, further strengthen its market position within
the industry, and generate additional revenues and profitability.
The expansion
reflects the company’s continued commitment to operational growth and long-term
value creation, the company said.
The
aforementioned information was disseminated through a notification to
Exchange.
The capacity enhancement comes on the heels of a landmark market debut.
Service Long March Tyres was listed on the Main Board of the Pakistan Stock Exchange with effect from June 15, 2026, with trading commencing on the same date and settlement on a T+1 basis, making June 16, 2026 the first settlement date
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