Attock Cement full-year profit declines, Pakistan

Attock Cement full-year profit declines, Pakistan
Published: 13 September 2011

Pakistan producer, Attock Cement Pakistan Ltd, posted a decline of PKR684.429m in the year ended June 30, 2011 (FY11) compared to PKR1,016.685m earned in FY10. The company’s earning per share stood at PKR7.90 in the period under review against PKR11.74 in the same period last year.

According to the financial results sent to Karachi Stock Exchange, the company’s net sales increased to PKR8.553bn in FY11 against PKR7.668bn in FY10. The cost of sales increased to PKR6.823bn against PKR5.710bn.