International Steels Limited reported earnings results for the second quarter and six months ended December 31, 2015. For the quarter, the company reported net sales of PKR 5,507,817,000 against PKR 4,494,521,000 a year ago. Loss before taxation was PKR 83,998,000 against profit before taxation of PKR 54,758,000 a year ago. Profit for the period was PKR 124,392,000 against PKR 39,861,000 a year ago. Earnings per share basic and diluted were PKR 0.29 against PKR 0.09 per share a year ago.

For the six months, the company reported net sales of PKR 8,370,209,000 against PKR 8,491,671,000 a year ago. Loss before taxation was PKR 289,843,000 against profit before taxation of PKR 36,944,000 a year ago. Loss for the period was PKR 78,193,000 against profit for the period of PKR 42,209,000 a year ago. Loss per share basic and diluted was PKR 0.18 against earnings per share basic and diluted was PKR 0.10 per share a year ago.