21
May
12:02
Siddiqsons Tinplate seeks export financing to continue growth
Siddiqsons Tinplate (STPL) saw revenue surge 48% on-year in the March quarter to PKR 1.23 billion ($7.66 million). Following an exponential growth in export sales, the firm has urged authorities to prioritise making export financing available to ensure Pakistan’s competitiveness in the international market.
However, the Pakistani tinplate producer sunk to a PKR 40.1m net loss in the quarter from a PKR 18.5m profit a year earlier.
In the nine months thr…
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Anonymous
Very good overview of the weekly steel market.
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