Pioneer Cement reports losses, Pakistan

Pioneer Cement reports losses, Pakistan
Published: 01 October 2010

Pioneer Cement Ltd (PCL) has reported a loss after tax of PKR590.925m for the year ending June 30.

According to financial results sent to KSE here on Wednesday, the pre-tax loss of the company has jumped to PKR859.319m during the period under review against a profit before tax of PKR174.30 last year.

The company reported a loss per share of PKR2.87 compared to an earning per share of PKR0.18 in 2009.