Descon Oxychem's production up by 23.57pc in FY22.

LAHORE -- Descon Oxychem Limited (PSX: DOL), the leading manufacturer and exporter of hydrogen-peroxide (H2O2) and allied products, witnessed a 23.57% increase in production as per the company's financial-year 2022 (FY22) results. The company has delivered exceptional business performance despite challenges posed by increase in energy costs and global supply chain disruption.

Due to the improved production, increased exports and surge in H2O2 prices in the domestic and international market, DOL witnessed a 52% year-on-year (YoY) increase in revenue (PKR 4.2b) and profit after tax of PKR 471m, a 69% YoY growth. To keep up with growing H2O2 demand, the company achieved record production of 40,550 MeT. 'We are very pleased with our...