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PSM no more a going concern


September 15, 2020

ISLAMABAD: Pakistan Steels Mills (PSM) — country’s largest industrial unit — is no more a going concern as its current liabilities exceed its assets, independent auditors said in a statement submitted to the government. The PSM’s external auditors — Crowe Hussain Chaudhry & Co Chartered Accounts — came to this conclusion in their “Qualified Audit Report” based on financial statement …

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