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11 Mar
13:33

Pakistan's IIL foresees June half-year improvement

International Industries Limited (IIL) expects improved results thanks to the executing of PKR 4.5 billion ($32.2 million) of orders in hand, coupled with increased Pakistani domestic market activity in the June half-year. Oil and steel prices dropped sharply in the second fiscal quarter through December 2018 (FQ2) due to weakening global economies, which also spurred protectionist measures. Pakistan’s economy and the large-scale manufacturing industry in …
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