DG Khan Cement sales rise 44 per cent

DG Khan Cement sales rise 44 per cent
Published: 26 October 2011

DG Khan Cement profits jumped 14 times to PKR318m in the first quarter of the current fiscal, according a statement to the Karachi Stock Exchange.  Gross margins improved to 30% during July to September from 19% in the same period last year, said Global Research analyst Wajid Rizvi.  Net sales of the company went up by 44% to PKR5.09bn during the period under review primarily driven by 36% higher net prices.