Dandot Cement declares loss of PKR177.51m in 1HFY18-19

Dandot Cement declares loss of PKR177.51m in 1HFY18-19
01 March 2019


Dandot Cement Company Ltd (DCCL) has announced its financial results for the half-year ended 31 December 2018. It declared a loss of PKR177.51m (US$1.27m), as compared to loss of PKR320.95m reported in the equivalent period last year.

DCCL Company Secretary, Muhammad Kamran, informed the Pakistan Stock Exchange (PSX) that net sales during the 1HFY18-19 slightly increased to PKR741.30m from PKR679.05m during this period. It incurred a higher distribution cost of PKR2.7m against PKR2m in the same period last year. The administrative expenses also rose to PKR28.1m against PKR27.2 incurred in corresponding period.

The company has a production capacity of 504,000tpa of cement in Jehlum district of Punjab, India.

Published under Cement News