Maral Overseas postpones capital expenditure plan

Due to current financial constraints and operational priorities, Maral Overseas has decided to postpone its previously approved capital expenditure plan.

This deferred plan included replacement and modernization projects in the spinning and engineering divisions and capacity expansion in yarn dyeing and dyehouse-process fabric.

Instead of major capital outlays, the company intends to lease critical machinery for its Fabric and Yarn divisions to boost production efficiency.