Pakistan: Mughal Iron and Steel Industries reports strong financial growth

  • Pakistan-based Mughal Iron and Steel Industries Limited has declared its six months financial results (Jul’21-Dec’21).
  • Net profit for the period stood at PKR 3,531 million, up 153% compared to PKR 1,398 mn in the same period last year.
  • Earning per share climbed 131% to 10.52 as against 4.55.
  • Sales revenue increased from PKR 19,446 million to PKR 32,082 million, an increase of 65% compared to the corresponding period last year.

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