Aisha Steel, Pakistan has reported an operating profit of PKR 1,340 million in Q3 CY ’20, increasing by a massive 180% compared to PKR 478 million in the CPLY. Also, the company has logged Profit after Tax (PAT) at PKR 660 million against the loss of PKR 203 million in CPLY. SteelMint learned from the company’s report. The company has an annual CRC and galvanized production capacity of 0.7 mn t pa. The country’s government has also reduced interest in auto finance by 50% leading to higher auto demand.
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