Transaction of 200,000 shares of The International Industries Limited

Business & Finance

Karachi, the International Industries Limited informed Pakistan Stock Exchange about transaction of shares of the company. 100,000 shares @ Rs. 166.25 per share were bought from the market on September 24, 2021 and 100,000 shares @ Rs. 166.25 per share were bought from the market on September 24, 2021 through CDC.

International Industries Limited is Pakistan’s largest manufacturer of steel pipes & tubes, stainless steel tubes and polymer pipes & fittings with an annual manufacturing capacity of 817,000 tons and annual revenues of almost PKR 18.9 billion.

The Company is engaged in the business of manufacturing and marketing of galvanized steel pipes, precision steel tubes, API line pipes, polymer pipes & fittings.

The Company has quoted total number of shares on Pakistan Stock Exchange Limited that are 131,881,860. The Earnings per shares is (5.26) in 2020 which was 11.94 in 2019. The Profit After Taxation in 2020 is (694,205,000) which was 1,574,713,000 in 2019.