Cement News tagged under: DG Khan Cmenet

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DG Khan Cement saw profits up by 70% YoY in 1QFY23-24

31 October 2023, Published under Cement News

DG Khan Cement Co Ltd  of Pakistan has announced its financial results for the first quarter ended 30 September 2023 with details posted on the Pakistan Stock Exchange (PSX) website. Its net profit after taxation rose 70 per cent to PKR660.57m (US$2.38m) from PKR388.93m during this comparative period due to higher revenue. According to AHL Research, factors responsible for the higher profit include the reduction in coal prices along with a surge in cement prices. The company's net sal...