In its Analysts Briefing, the Management updated on its ongoing expansion plan of PKR4.4bn to double its Air Separation Unit capacity by 250TPD (post expansion capacity: 513TPD) – the plant is expected to come online by 2Q2020. The company also announced to resume manufacturing of electrodes which was earlier suspended in 2006-07 under BOC management due to high cost of production. So far, PAKOXY has already posted a 57% YoY growth in 1H2018 EPS to PKR7.7 due to 14%YoY growth in gross profi...
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