Huffaz Seamless Pipe Industries Limited Announces Earnings Results for the Year Ended June 30, 2015

Huffaz Seamless Pipe Industries Limited is a Pakistan-based company that is engaged in the manufacturing of seamless steel carbon and low alloy steel pipes/tubes from aluminum-killed vacuum degassed billets/round bars. The Company has a coating facility capable of applying three-layer high density polyethylene coating, polypropylene coating and tape coating on steel pipes. Its product range includes boiler tubes, heat exchanger tubes, high/low temperature services pipes/tubes, mechanical tubes, line pipes, structural pipes/tubes, casing and tubing, and three-layer polyethylene/polypropylene and fusion bonded epoxy coating. The Company sells its products in the domestic market, including oil and gas organizations, and exports its products to the United States, Australia, the Middle East, Iran and Bangladesh. It packs its products in bundles or special packing upon request. Its delivery conditions include plain end (squares cut or beveled), threaded and coupled.