In its unaudited financial results for the 9MFY24-25, Pakistan-based Gharibwal Cement Ltd has reported a 9.7 per cent increase in net sales to PKR14.77bn (US$52.5m) from PKR13.458bn in the year-ago period.
The company’s operating profit increased one per cent YoY to PKR2.007bn in the 9MFY24-25 from 1.987bn in the 9MFY23-24. General and administrative expenses, selling and distribution as well as other expenses all increased while the company also made gains in other income to PKR8.995bn from PKR7.662bn in the year-ago period.
Net profit edged up 1.1 per cent YoY to PKR1.258bn from PKR1.244bn.
Earnings per share improved to PKR3.14 from PKR3.11 when compared with the previous year’s equivalent period.
