Fauji Cement records a 1QFY18 net profit of PKR444m

Fauji Cement (FCCL) has earned net profit after tax of PKR444m (US$4.2m) in 1QFY18, down by 27 per cent YoY.

The company's sales stood at PKR4.79bn, up by nine per cent YoY .

FCCL reported incurring distribution cost of PKR40m and administrative cost of PKR74m during this period. This translates distribution cost increasing by 18 per cent but administrative cost fell by five per cent on YoY basis.