Power Cement reports 11% fall in sales

Power Cement reports 11% fall in sales
07 October 2019


Pakistan’s Power Cement Ltd has reported a 11.2 per cent decline in net sales to PKR3.85bn (US$24.5m) in the FY19 ended 30 June, falling from PKR4.34bn in the year-ago period.

Gross profit was down 76.7 per cent YoY to PKR157.28m in the period. However, profit after tax increased 82 per cent to PKR582.1m from PKR319.9m.

Published under Cement News