27
Apr
17:00
Exports help boost Pakistani cold roller's profitability
International Steels Limited (ISL) reported a 48% on-year growth in net sales in the third fiscal quarter through March (FQ3) to PKR 9.56 billion ($91.16 million), while net profit soared 102% to PKR 856.9m.
Exports revenue surged 68% on-year in FQ3 to PKR 1 billion, while domestic revenue growth was at 46% to PKR 10.24 billion.
“The economy has shown signs of recovery supported by lower interest rates, stable foreign exchange rate and growth in the ind…
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Anonymous
Very good overview of the weekly steel market.
Anonymous