Board Meeting in Progress of Aisha Steel Mills Limited

Karachi, Aisha Steel Mills Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on February 24, 2023 at Karachi to consider half yearly financial statements for the period ended December 31, 2022 is in progress.

“Aisha Steel Mills Limited was incorporated in Pakistan on May 30, 2005 as a public limited company. The company started its commercial operation in 2012 and manufacturers of Flat Rolled Steel – Cold Rolled and Hot Dipped Galvanized coils located in Port Qasim, Karachi, Cold Rolling and Hot dipped Galvanized Rolling Complex with name plate capacity of 700,000 metric tons.

The total number of shares the company has issued are 765,529,303. Earning Per Share has decreased in 2020 and is (0.89) compared to 0.26 in 2019. The Profit After Taxation has decreased in 2020 and is (616,573,000) which was 253,698,000 in 2019.”