Kohat Cement records 18% sales increase

Pakistan’s Kohat Cement Company Ltd (KCCL) has announced a 5.4 per cent YoY fall in profit after tax for the nine months ended 31 March, decreasing to PKR2.17bn (US$15.3m) from PKR2.29bn.

However, sales increased by 17.9 per cent to PKR12.24bn during the 9MFY18-19. The company incurred a distribution cost of PKR109.4m, rising 16.4 per cent YoY from PKR94m in the year-ago period. Administrative expenses reached PKR191.7m compared to PKR150.7m in the corresponding period of the last fiscal.