D.M. Textile Urges PSX to Exit "Defaulter Segment"

D.M. Textile Mills Limited (PSX: DMTX) is once again seeking the Pakistan Stock Exchange's (PSX) cooperation to remove its designation from the defaulter segment, a crucial step in these challenging times.

In an official communication to PSX, the company emphasized its successful settlement of all long-term liabilities owed to banks, marking a noteworthy accomplishment for DMTX.

Moreover, the management disclosed the company's limited income, which barely covers day-to-day expenses. Despite the financial constraints, the notice conveyed the management's optimistic intentions and capability to rejuvenate the company, contingent upon an improvement in the overall business environment.