Mughal Steel
Mughal Iron & Steel Industries, [مغل آئرن اینڈ اسٹیل انڈسٹریز] commonly known as Mughal Steel, is a Pakistani steel company which manufactures steel products.[1][2]
 | |
| Industry | Steel |
|---|---|
| Founded | 2010 |
| Headquarters | Lahore, Pakistan |
Area served | Pakistan |
| Website | www |
History
It was started in 1950 as Mughal Traders imported Iron and steel products.[3]
In 2008, the company acquired the plant and machinery of Al-Bashir Steel Industries.[4]
In 2010, the company was incorporated as Mughal Iron & Steel Industries Limited.[4]
In 2015, the company offered initial public offering and was listed on the Pakistan Stock Exchange.[4]
Financial Performance
Mughal Iron and Steel posted profit after tax of Rs 593 million for the fiscal year 2020, which resulted in Rs 2.36 earning per share.[5]
References
- "Mughal Steel to invest Rs1 billion for expansion". The Express Tribune (newspaper). 28 February 2017. Retrieved 12 May 2020.
- "Mughal Steel posts Rs991mln in profit". The News International (newspaper). 19 September 2017. Retrieved 12 May 2020.
- "Mughal Steel". www.mughalsteel.com.
- "Mughal Iron and Steel Industries". Business Recorder (newspaper). 30 March 2016. Retrieved 12 May 2020.
- Correspondent, Our Equities (18 September 2020). "DGKC bleeds Rs2.1bn". DAWN.COM. Retrieved 25 September 2020.
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