The board of directors of the company in its meeting recommended a final cash dividend for the year at Rs 1.5 per share ie 15 per cent. According to the financial results, the company’s net sales increased to Rs 4.991 billion in this period against Rs 4.560 billion in the same period last year. While the cost of sales also increased to Rs 3.887 billion in this period against Rs 3.005 billion. The company’s profit before tax declined to Rs 674.967 million in this period against Rs 1,193.377 million in the same period last year.
Armed groups force closure of Libyan cement plants
Several state-owned cement plants in Libya have reportedly been forced to close, along with t he...