Ashfaq Textile Mills suspends 85 looms in Faisalabad amid weak demand. The move reflects the downturn in Pakistan’s textile sector for FY26.A key player in Pakistan’s textile sector, Ashfaq Textile Mills Ltd, has suspended a significant portion of its operations. The Punjab-based textile firm announced this decision today, December 11, 2025. The company cited weak demand for woven fabrics as the primary driver for this move. In a formal notice to the Pakistan Stock Exchange (PSX), […]
A key player in Pakistan’s textile sector, Ashfaq Textile Mills Ltd, has suspended a significant portion of its operations. The Punjab-based textile firm announced this decision today, December 11, 2025. The company cited weak demand for woven fabrics as the primary driver for this move.