Diamond Industries Ltd (PSX: DIIL), a small-cap listed manufacturer best known for its long-running association with the Diamond Supreme Foam brand, has formally restarted commercial production after a prolonged shutdown, signalling an attempted return from the corporate wilderness to Pakistan’s crowded consumer durables market.
In a PSX filing, the company said it has signed a lease agreement and taken possession of a “running factory” engaged in manufacturing foam and spring mattresses, furniture, and allied products, located at 58-km Multan Road, Khankay More, Bhai Pheru, Lahore. The company said it has commenced manufacturing operations effective 1 January 2026, describing the move as a bid to capture market share and protect the interests of minority shareholders.
The restart is not a spur-of-the-moment decision. The company has framed it as the execution of a management plan approved at a board meeting held in late November 2025, aimed specifically at resuming manufacturing operations after a multi-year pause. The content in this publication is expensive to produce. But unlike other journalistic outfits, business publications have to cover the very organizations that directly give them advertisements. Hence, this large source of revenue, which is the lifeblood of other media houses, is severely compromised on account of Profit’s no-compromise policy when it comes to our reporting. No wonder, Profit has lost multiple ad deals, worth tens of millions of rupees, due to stories that held big businesses to account. Hence, for our work to continue unfettered, it must be supported by discerning readers who know the value of quality business journalism, not just for the economy but for the society as a whole.To read the full article, subscribe and support independent business journalism in Pakistan
