Pakistan: Amreli Steels posts over 90% surge in net profit in Q4CY’21

Pakistan’s leading mill Amreli Steels has declared a net profit for Q4CY’21 at PKR 601.6 million (mn). Profits surged by 93% compared to PKR 312.3 mn in the same period last year, the company declared in its Q4 results. The two re-rolling plants in Karachi and Dhabeji have a nameplate capacity of 180,000 t and 425,000 t of rebar production per annum.