Lucky Cement profit rise

Lucky Cement profit rise
Published: 30 August 2005

Profit after tax of Lucky Cement, Pakistan rose by 20.5 per cent to Rs 826 million during the year ended June 30, 2005 compared to previous year’s Rs 685 million, according to company’s financial results released at Karachi Stock Exchange. The company did not announce any cash dividend, bonus issue, right issue or interim dividend for its shareholders. The gross profit of the company jumped by 25.3 percent to Rs 1.379 billion compared to Rs 1.100 billion during the previous year. The company said its total turnover rose to Rs 3.98 billion from Rs 2.90 billion, showing a growth of 36.9 percent.