Cement News tagged under: full year profits

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Lucky Cement's profits up 9.3%

02 September 2016, Published under Cement News

As a result of an increase in turnover, Lucky Cement's full  year profits increased by 9.3 per cent. The company reported earnings of PKR16.15bn (US$154.67m) compared to PKR14.78bn for the same period last year. These results are in line with the market expectations. Net sales were recorded at PKR98.65bn, compared to PKR96.47bn last year, and cost of production fell from PKR56.43bn to PKR54.24bn. A gross profit of PKR27.9bn was recorded, an 8.6 per cent increase from PKR25.68bn in the pre...