Crescent Steel & Allied Products Limited (PSX: CSAP) has been awarded a contract to supply steel line pipes worth Rs. 1.5 billion, the company informed PSX on Monday.
“Through a contractor, Crescent Steel and Allied Products Limited has been awarded a contract for the supply of 40-inch diameter coated steel line pipes amounting to Rs. 1,504 million (excluding sales tax),” the filing stated.
The aforesaid contract is expected to be executed and completed by the fourth quarter of FY 2024-25, the filing added.
The Company operates five segments Steel, Cotton, Investment and Infrastructure Development (IID), Energy and Hadeed (Billet) segment.
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