Thursday, October 30 2025

Pakistan’s Sapphire Fibres to invest additional $2.5mn in US subsidiary
Pakistan’s textile manufacturer Sapphire Fibres Limited (SFL) has announced plans to inject an additional equity investment of up to $2.5 million into its wholly owned subsidiary, Sapphire USA, LLC. The listed company - a manufacturer of yarn, fabric and garments - shared the development in its notice to the Pakistan Stock Exchange (PSX) on Thursday. This follows the company’s earlier investment of $5 million made in March 2025. “Sapphire Fibres Limited now intends to make an additional equity investment of up to $2,500,000, in addition to the $5,000,000 already invested. This strategic investment is aimed at strengthening Sapphire Fibres Limited’s presence in the United States market and improving profitability through enhanced market access and closer engagement with key customers,” read the notice.
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Related symbols: sfl (news stock)