Almas’s research team was able to identify this opportunity caused by the inevitable havoc of the Covid pandemic on the fragmented global supply chain. We continue to monitor our investment in Expolanka and the impressive work of their world-class management in supporting organic and inorganic growth for the group. We believe that despite the easing of the supply chain disruption, Expolanka’s growth in volumes will compensate for the expected drop in rates. The company is studying opportunities in Europe and Africa for new investments which are expected soon. Expolanka PLC reported Rs. 72.7 Billion in Profits after Tax for the Fiscal Year 2022, a ROE of 58.5% for the year.