Tue, 21-Oct-2025

Amreli Steels profits jump to Rs601.6 million

Amreli Steels

KARACHI: The profits of Amreli Steels Limited (ASTL) posted a 92.6 per cent jump to Rs601.6 million, translating into the earnings per share (EPS) of 2.03 for the quarter ended December 31, 2021, a bourse filing showed on Thursday. The company’s profit was recorded at Rs312.3 (EPS of 1.42) during the same period of the … Read more

Domestic rebar prices surge Rs2,000/tonne

rebar prices

KARACHI: The domestic rebar prices have increased Rs2,000/tonne on Wednesday night and are currently trading at Rs195,500/tonne to Rs197,500/tonne, taking the cumulative price increase during the ongoing quarter to around Rs18,000/tonne. “The ongoing price increase is the result of uptick in [the] international scrap prices, rupee devaluation and high energy costs,” Ahmed Rauf at Sherman … Read more

Amreli Steels earns profit of Rs1.36 billion

KARACHI: Amreli Steels Limited has announced a net profit of Rs1.36 billion, translating into the earnings per share (EPS) of Rs4.61 for the year ended June 30, 2021, compared with the net loss of Rs1.24 billion and the loss per share (LPS) of Rs4.18 in the previous year, a bourse filing said on Friday. The … Read more