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MS AR 2018 (1)

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ABOUT THIS<br />

REPORT<br />

We are pleased to present our annual report for the year ended June 30, <strong>2018</strong>. With<br />

this report we aim to provide all our stakeholders with a transparent and balanced<br />

appraisal of the material issues that faced our business during the year under review.<br />

The report should be read in conjunction with the full financial statements.<br />

SCOPE AND BOUND<strong>AR</strong>Y OF<br />

THIS REPORT<br />

This annual report covers the period from July 01, 2017<br />

to June 30, <strong>2018</strong>. The previous annual report covered the<br />

2016-2017 financial year. This annual report provides an<br />

account of the Company’s operational, financial, economic,<br />

social and environmental performance, as well as<br />

governance, during the period under review etc.<br />

OUR TWO REPORTS<br />

Annual Report<br />

This printed annual report also available online at<br />

http://www.mughalsteel.com/investor-report-andpresentation/#Annual_Reports<br />

is intended to provide<br />

readers with an overview of our operations during the<br />

year. It includes messages from leadership, financial<br />

and operational reviews, corporate governance and risk<br />

management reports, summarized financial statements and<br />

information for shareholders.<br />

Annual Financial Statements<br />

The full financial statements included in this report and<br />

also available on our above mentioned website provide<br />

a comprehensive insight into the financial position and<br />

performance of the Company for the year under review.<br />

FORW<strong>AR</strong>D LOOKING<br />

STATEMENTS<br />

This annual report contains certain “forward-looking<br />

statements” – that is, statements related to future, not<br />

past, events. In this context, forward-looking statements<br />

often address our expected future business and financial<br />

performance and financial condition, and often contain<br />

words such as “expect,” “anticipate,” “intend,” “plan,”<br />

“believe,” “seek,” “see,” “will,” “would,” or “target.”<br />

The statements include known and unknown risks and<br />

opportunities, other uncertainties and important factors<br />

that could turn out to be materially different following the<br />

publication of actual results.<br />

These forward looking statements speak only as of the date<br />

of this document. The Company undertakes no obligation<br />

to update publicly or release any revisions to these forward<br />

looking statements, to reflect events or circumstances after<br />

the date of this document, or to reflect the occurrence of<br />

anticipated events.<br />

FEEDBACK<br />

Please provide us with your feedback. We value feedback<br />

from our stakeholders and use it to ensure that we are<br />

reporting on the issues that are relevant to them. Please<br />

take the time to give us your feedback on this report. Your<br />

emails are welcomed at fahadhafeez@mughalsteel.com.

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