Karachi, International Steels Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on January 27, 2023 at Karachi. The agenda of the meeting shall be consideration of Half Year accounts for the period ended December 31, 2022 for deceleration of any entitlement.
Further, the closed period of the company shall be from January 20, 2023 to January 27, 2023 (both days inclusive).
“International Steels Limited was set up in 2007 as a public limited company. It is a subsidiary of International Industries Limited. The Company manufactures cold rolled, galvanized and color coated steel coils and sheets.
ISL’s manufacturing facilities are located on 32 acres in the port city of Karachi, where the company produces Cold Rolled Steel, Galvanized Steel and Color Coated Steel for numerous industrial and commercial applications. The company has a strong nationwide supplier network that is served through regional offices in Lahore, Islamabad and Multan. ISL exports its products to more than 20 countries worldwide. The company has a production capacity of over 1,000,000 Metric Tons.
The Company has quoted its shares that are 435,000,000. The Earnings per shares of the Company is 1.14 in 2020 which was 6.12 in 2019. Their Profit after Taxation is 494,851,000 in 2020 which was 2,664,373,000 in 2019.”