Balochistan Glass Limited Auditor Raises 'Going Concern' Doubt

Balochistan Glass Limited is a Pakistan-based company, which is engaged in the manufacturing and sale of glass containers, glass tableware, pharmaceutical glass bottles and plastic shells. The Company operates through the glass containers segment, which relates to the production of glass containers and tableware. The Company offers its products under various categories, such as tableware products, pharma products, beverage products, food products, and plastic division. Its total capabilities of these units are 36,000 tons, 75,000 tons and 22000 tons per annum respectively, and they produce various types of narrow and wide neck glass containers for soft drinks, juices, food, pharmaceuticals, and breweries in flint, green and amber and tableware. Its manufacturing facility is located at Hub in Balochistan, approximately 35 kilometers from Karachi. The Company’s food and beverage products are sold to enterprises of both domestic and international origin.