Dandot Cement Co posts PKR320m loss in 1HY17-18

Dandot Cement Company Ltd (DCCL) has announced that it has incurred a loss of PKR320m (US$2.88m) in 1HY17-18 as compared to a loss of PKR110m incurred in corresponding period last year.
 
According to a notification of DCCL's to the Pakistan Stock Exchange (PSX), company sales decreased to PKR679m from PKR 1.07bn during this period. DCCL incurred a distribution cost of PKR2m against PKR13.5m in 1HFY16/17.  The administrative expenses stood at PKR27m compared to PKR26m incurred in corresponding period of last year.
 
Dandot Cement Company Factory is situated at Jhelum district, Punjab, Pakistan. The plant has a cement capacity of 504,000tpa.