DG Khan Cement sales rise 44 per cent

DG Khan Cement sales rise 44 per cent
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. Published under Cement News