Cement News tagged under: Bestway Cement Ltd
Bestway Cement in profit slides during FY21-2207 September 2022, Published under Cement NewsPakistan-based Bestway Cement Ltd has reported a 11.6 per cent decline in company profit to PKR10.239bn (US$45.9m) in FY21-22 (July 2021-June 2022) from PKR11.577bn in FY20-21. Net sales in FY21-22 increased 21 per cent YoY to PKR103.1bn from PKR85.197bn in FY20-21. The fall in profits was due to increased sales tax, excise duty, high cost of sales and income tax expenses. Selling and distribution costs rose from PKR611m in FY20-21 to PKR972m in FY21-22. Administrative expenses also incre... |
Page
1
of
1
1