Masood Textile Mills Limited informed Pakistan Stock Exchange that in order to comply with the directives issued by Provincial Government relating to the outbreak of COVID-19 across the province and in the Country and in order to safeguard our people, the Company has temporarily closed its operations including the factory and other offices till April 05, 2020 or until further notice and / or clarification to be provided by the Provincial Government.

The announcement is available at:

https://dps.psx.com.pk/download/document/145259.pdf

Masood Textile Mills is the only textile mill in Pakistan with latest computerized Barcode System that assures quality in every operation of production from spinning to packing. Products of each department carry bar coded stickers, which bear all the details and history of the operations of that product. Hence if any problem is reported, one can trace back the root of the problem and enable to prevent occurrence of the same in future.

Besides, MTM is one of the few fully vertical textile mills in Pakistan having in-house Yarn, Knitting, Fabric dyeing, Processing, Laundry and Apparel Manufacturing facilities. The vertically integrated operations help us in achieving shorter lead times and greater flexibility to cater to the customers demand.

The symbol "MSOT" is being used by the stock exchange for Masood Textile Mills.

© Pakistan Press International, source Asianet-Pakistan