Pakistan’s Agha Steel Industries Limited posted a decline in revenue but significantly narrowed its losses for the half year ended December 31, 2025, according to the company’s financial statement.
Net turnover fell to PKR 5.141 bln (USD 18.42 mln) from PKR 5.363 bln in the corresponding period last year, reflecting weak construction demand and continued pricing pressure in the steel sector.
Loss after tax improved substantially to PKR 1.8 bln (USD 6.45 mln) compared with PKR 3.84 bln in the same period last year, supported by cost control measures and operational adjustments despite challenging market conditions.
The company said it continues to focus on cost rationalization, production planning optimization, working capital management and active engagement with lenders to strengthen liquidity and its financial position. While near-term sector pressures are expected to persist, Agha Steel aims to benefit from any recovery in infrastructure spending and broader economic stability.
Agha Steel operates an EAF-based plant at Port Qasim, Karachi, with annual production capacity of 450,000 tons of billets and 650,000 tons of rebar.
1 USD / 279 PKR
