Reliance Weaving Mills enters home products and textiles business
Company says diversification will broaden its product portfolio, strengthen its revenue base and support long-term growth.
Reliance Weaving Mills Limited has entered the manufacture and sale of home products and home textiles as part of a business diversification strategy.
In a notice submitted to the Pakistan Stock Exchange on Monday, the company said the new business line was intended to expand its product portfolio and diversify revenue sources.
Reliance Weaving Mills said the initiative would also support market competitiveness, long-term growth and business resilience.
The company did not disclose the proposed investment, production capacity or expected launch timeline for the new operations.
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