Metropolitan Steel Corp. Ltd. reported financial results for the third quarter and nine months Ended March 31, 2018. For the quarter, the company reported net sales of PKR 25,630,000 against PKR 13,182,000 a year ago. Operating loss was PKR 10,495,000 against the operating profit of PKR 1,947,000 a year ago. Loss before taxation was PKR 12,812,000 against the profit before taxation of PKR 1,947,000 a year ago. Loss after taxation was PKR 12,097,000 or PKR 0.39 per basic and diluted share against the profit after taxation of PKR 1,947,000 or PKR 0.06 per basic and diluted share a year ago. For the nine months, the company reported net sales of PKR 36,797,000. Operating loss was PKR 27,845,000 against of PKR 19,505,000 a year ago. Loss before taxation was PKR 4,221,000 against PKR 20,847,000 a year ago. Loss after taxation was PKR 3,506,000 or PKR 0.11 per basic and diluted share against PKR 20,847,000 or PKR 0.67 per basic and diluted share a year ago.