Attock Cement’s profit falls

Attock Cement’s profit falls
Published: 24 October 2007

The profit after tax of  Attock Cement Pakistan Limited declined to Rs 88.048m in the first quarter ended on September 30 as compared to Rs 318.308 million earned in the corresponding period last year. The earning per share of the company stood at Rs 1.22 in the period under review against Rs 4.41 in the same period last year.  
 
The Karachi Stock Exchange (KSE) was informed that the company’s net sales declined to Rs 1,064.213 million in the first quarter of 2007 financial year against Rs 1,178.354 million in the same quarter in 2006 financial year. On the other hand, the cost of goods sold increased to Rs 800.215 million in the said period against Rs 603.918 million in the same period last year.