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04 May
12:50

Demand recovery boosts ISL sales, profit balloons

International Steels Limited (ISL) registered strong flat steel demand across all economic sectors in the March quarter as Pakistan’s economy continued its recovery. The Temporary Economic Refinance Facility (TERF) will further drive industrial activity in the country, the cold roller adds. ISL saw sales surge 33% on-year in the third fiscal quarter through March to PKR 20.04 billion ($131.2 million), with exports accounting for PKR 3.2 billion, up 25%. Net …
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