Cement News tagged under: Dewan Cement Ltd

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Dewan Cement sales rise 23% YoY

25 February 2015, Published under Cement News

Pakistan-based Dewan Cement Ltd (DCL) reported a 1.46 per cent decline in half-year profit to PKR202m (US$1.98m) compared to PKR202m a year earlier.  However, sales increased by 23 per cent from PKR4.4bn to PKR5.42bn during 1HFY14-15. Distribution costs increased from PKR74m to PKR197m in half year period (July - December 2014). No cash dividend or bonus shares were earmarked for shareholders.   DCL owns the Pakland Cement and Saadi Cement plants in Pakistan, which have a combined cap...

Dewan Cement reverses six month loss, Pakistan

29 February 2012, Published under Cement News

Pakistan cement producer, Dewan Cement Ltd, posted a PKR130m (US$1.43m) profit after tax in the first half of the current fiscal (in 1HFY12) compared to a loss of PKR325.1m in the corresponding period of 2010. Earnings per share stood at PKR0.33 against per share loss of PKR0.9 in the same period a year ago. According to a statement by the company to the Pakistan Stock Exchange, net turnover rose to PKR3.12bn in 1HFY12 against PKR2.09m in 1HFY11 while the cost of sales increased to PKR...