Mughal Iron & Steel Industries Ltd 2017 AR2
The report highlights Mughal Iron & Steel Industries Limited's performance for the fiscal year ended June 30, 2017. The company maintained its sales revenue at Rs. 18.803 billion and achieved a net profit of Rs. 990.760 million, with earnings per share increasing to Rs. 4.21. Key developments included the approval of an expansion plan to increase the dedicated rebar re-rolling mill capacity to 430,000 MT and gross captive power generation to 27.9 MW. The company also successfully raised Rs. 1.257 billion through a 100% right issue to finance these expansion projects.
Company: Mughal Iron & Steel Industries Ltd
Sector: Manufacturing
Country: Pakistan
Year: 2017
Type: AR2
Pages: 92
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Mughal Iron & Steel Industries Ltd
Annual Report
The report highlights Mughal Iron & Steel Industries Limited's performance for the fiscal year ended June 30, 2017. The company maintained its sales revenue at Rs. 18.803 billion and achieved a net profit of Rs. 990.760 million, with earnings per share increasing to Rs. 4.21. Key developments included the approval of an expansion plan to increase the dedicated rebar re-rolling mill capacity to 430,000 MT and gross captive power generation to 27.9 MW. The company also successfully raised Rs. 1.257 billion through a 100% right issue to finance these expansion projects.
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Document Details
Report Year
2017
Reporting Period
Jul 1, 2016 - Jun 30, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees