International Steel Ltd (ISL): 3QFY25 Result Review: Soft flat-steel prices weigh on earnings - By AKD Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">International Steel Ltd (ISL) announced its 3QFY25 financial results, reporting NPAT of PkR417mn (EPS: PkR0.96), down 41%YoY, compared to PkR706mn (EPS: PkR1.62) in SPLY. The decline was due to lower revenues alongside muted gross margins compared to last year.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Company&rsquo;s net revenue stood at PkR13.9bn in 3QFY25, down 15%YoY/24% QoQ. The downturn was driven by a sharp correction in flat steel prices (exGST), which averaged PkR218k/ton during the quarter, down from PkR257k/ PkR220k per ton in 2QFY25/SPLY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Gross margins fell to 8.6% in 3QFY25, down from ...