Amreli Steels Limited Reports Earnings Results for the Year Ended June 30, 2018
Amreli Steels Limited reported earnings results for the year ended June 30, 2018. For the year, the company reported sales of PKR 15,500,542,721 against PKR 13,283,811,229 a year ago. Operating profit was PKR 1,870,753,796 against PKR 1,696,896,609 a year ago. Profit before taxation was PKR 1,394,430,685 against PKR 1,445,313,134 a year ago. Net profit for the year was PKR 1,585,236,661 or PKR 5.34 per basic and diluted share against PKR 1,074,052,704 or PKR 3.62 per basic and diluted share a year ago.