06
Mar
10:33
Dost Steels remains idle, reduces sales from stock
Dost Steels (DSL) continues to work on turning around the business after remaining idle in the six months through December 2019 due to a working capital shortage. Pakistan’s construction market underperformed in the period, the firm says, but CPEC and government projects bode well for the future.
Six-month sales were only PKR 11.27 million ($73,000) versus PKR 514m in the year-earlier period, although loss after taxation narrowed 9% to PKR 132.6m. As well as…
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Anonymous
Very good overview of the weekly steel market.
Anonymous