Founded in 2005, Aisha Steel, a Group Company of Arif Habib and a cold rolling complex with a capacity of 220,000 tons, generated net income of Rs 1.01 billion this year after a loss of Rs 157 million last year.
Earnings per share (EPS) was Rs 1.74 compared to losses per share (LPS) of Rs 1.35 in the same period prior to the previous year.
The KSE-100 index decreased 0.02% to 42,743 tons on the first trading day of the week. Aisha Steel's share price increased 0.62% to Rs 19.29.
Company revenue increased to Rs 14 billion in fiscal year 2017 compared to Rs 9.6 billion the previous year, with Rs 137 million in tax paid in FY17.
Comments
No comment yet.