<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">FY23 - Consolidated: Revenue declined 42%YoY to PKR 4.5Bn.
However, gross margins grew 5pptsYoY to 17%. Despite this high interest rates
resulted in 59%YoY growth in finance costs and PKR 1.2Bn impairment loss
leading to a Loss After Tax of PKR 1.8Bn which was just PKR 86Mn last year.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Company profile: Incorporated in 1979 and is a subsidiary of
Treet Corporation Limited with a plant located in Korangi, Karachi, for the
manufacture of exhaust systems, radiators, and sheet metal components for the
multi-national automotive assemblers in Pakistan which include Toyota, Suzuki,
Honda, Hino, Nissan, Massey-Ferguson, Mitsubishi, Yamaha, etc.</span></li></ul...
