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Sunday, May 10, 2026

Pakistan

Mughal Steel reports higher profit in 9M FY26

Pakistan-based Mughal Iron & Steel Industries Limited (Mughal Steel) reported improved profitability for the nine months ended March 31, 2026, supported by stronger margins...

Agha Steel losses narrow in 9M FY2026 on cost controls

Pakistan-based Agha Steel Industries Limited reported improved financial performance for the nine-month period ended 31 March 2026, with losses narrowing amid lower finance costs...

Amreli returns to profit in 9M FY2026 on loan restructuring gains

Pakistan's Amreli Steels Limited reported a return to profitability for the nine-month period ended 31 March 2026, primarily supported by gains from loan restructuring. The...

Mughal Steel advances captive power project with turbine start-up

Pakistan's Mughal Iron & Steel Industries Limited, through its subsidiary Mughal Energy Limited, has initiated turbine rolling at its hybrid power plant, marking the...

IIL reports higher earnings in H1 FY26 on stronger revenue

Pakistan's leading pipe manufacturer International Industries Limited (IIL) reported a sharp increase in earnings for the first half of FY26 ended December 31, 2025. The...

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