Pakistan: Fecto Cement profit jumps 31.8% in FY15-16

Pakistan: Fecto Cement profit jumps 31.8% in FY15-16
30 September 2016


Fecto Cement Ltd its financial results for the full-year period ended 30 June 2016. It reported profit after tax of PKR813.82m (US$7.78m) compared to PKR17.47m earned in corresponding period last year. This translates a growth of 31.8 per cent on YoY basis. The company declared a cash dividend of 20 per cent.

The company has stated that its sales rose to PKR5.03bn from PKR4.77bn in last financial year. Thus, recorded a growth of 5.45 per cent on YoY basis. The company incurred less administrative expenses, distribution cost and financing cost to PKR238m.

Published under Cement News

Tagged Under: FECTO Cement Pakistan