Cement News tagged under: 1QFY18
Flying Cement 1QFY19 profits rise by 43%31 October 2018, Published under Cement NewsPakistan's Flying Cement Co Ltd (FCCL) announced its financial results for the 1QFY19 on 30 October. It posted an increase in profit to PKR3.02m (US$22,682), up by 42.62 per cent YoY, as compared to PKR2.12m reported in the same period last year. The increase in profit was possible due to a surge in quarterly sales, which rose by 56.5 per cent YoY to PKR850m from PKR543m reported during the same period last year. FCCL incurred lower administrative expenses of PKR10.77m and higher distri... |
Gharibwal Cement's 1QFY18 profits fall to PKR269m30 October 2018, Published under Cement NewsGharibwal Cement Ltd (GCL) announced its financial results for the 1QFY19 on 29 October. It posted a decline in profit to PKR269m (US$20,194), down by 10.6 per cent YoY, as compared to PKR301m reported in the same period last year. GCL's sales during the quarter decreased by 7.9 per cent YoY to PKR2.47bn from PKR2.69bn reported during the same period last year. The company incurred lower administrative expenses of PKR98m and higher distribution costs of PKR9.3m compared to PKR99m ... |
DG Khan raises profits by 49% in 1QFY1819 October 2017, Published under Cement NewsDG Khan Cement Factory Ltd (DGKC) announced its 1QFY18 financial results on 18 October, posting a profit after tax of PKR2.83bn (US$26.8m) against PKR1.9bn earned in the corresponding quarter a year ago. This translates a growth of 49 per cent in profit on YoY basis, according to the company's notification to Pakistan Stock Exchange. Revenue rose to PKR7.5bn, up by 14 per cent YoY, primarily due to higher local dispatches. The company incurred administrative expense of PKR149m, and selling ... |
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