BECO expects $22m export orders

MG News | September 25, 2025 at 04:39 PM GMT+05:00

0:00

September 25, 2025 (MLN): Beco Steel (PSX:BECO) has revealed expectations of securing new export orders worth approximately $22m for the upcoming financial year.

The disclosure, follows the company’s successful execution of a recent copper ingots export order to Hong Kong, according to the company's statement issued today.

Building on this momentum, BECO has entered advanced discussions with international clients to further expand its export footprint.

Management expressed confidence that the finalization of these expected orders will substantially strengthen the company’s financial performance.

The new deals are anticipated to boost both top-line sales and bottom-line profitability, resulting in a much higher sales volume compared to the current financial year.

This growth is expected to enhance shareholder value through improved profitability, while also generating valuable foreign exchange earnings for Pakistan, thereby contributing positively to the national economy.

Reiterating its long-term strategy, BECO emphasized its commitment to diversifying its international market presence and maintaining the highest standards of product quality as it expands its global reach.

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