Thursday, January 30, 2025
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    ISL sees sharp profit decline in H1 FY25

    Pakistan’s International Steels Limited (ISL) reported a sharp decline in profit for the first half of FY25, which ended on December 31, 2024, according to its interim financial statement.

    The company posted a post-tax profit of PKR 534 mln (USD 1.9 mln), reflecting a steep 77.3pct YoY drop. Revenue also fell nearly 20pct YoY, reaching PKR 31.8 bln (USD 113.8 mln).

    Headquartered in Karachi, ISL operates manufacturing facilities with an annual production capacity of 1 mln tons, specializing in the production of cold rolled steel, galvanized steel, and color-coated steel.

    1 USD / 279.3 PKR

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