Mughal Steel
 | |
| Industry | Steel |
|---|---|
| Founded | 2010 |
| Headquarters | Lahore, Pakistan |
Area served | Pakistan |
| Website | www |
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]
It is based in Lahore, Pakistan.[3]
History[]
The forefathers of the current sponsors ventured in to the steel business in 1950 under the title of “Mughal Traders”. The entity then imported Iron and steel products for local consumption.[4] 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.[5]
In 2010, the company was incorporated as Mughal Iron & Steel Industries Limited.[5]
In 2015, the company offered initial public offering and was listed on the Pakistan Stock Exchange.[5]
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.[6]
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.
- ^ a b "Mughal Steel". www.mughalsteel.com.
- ^ "Mughal Steel".
- ^ a b c "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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- Steel companies of Pakistan
- Manufacturing companies established in 2010
- Pakistani companies established in 2010
- Manufacturing companies based in Lahore
- Pakistani brands
- Companies listed on the Pakistan Stock Exchange
- 2015 initial public offerings
- Pakistani company stubs