Attock Cement reports increase in pre-tax profits
Published by Jonathan Rowland,
Editor
World Cement,
Pakistani cement marker, Attock Cement, has reported an increase of 4.9% in pre-tax profits to PKR4.47 billion, as sales for the financial year ending 30 June strengthened.
Net sales were PRK14.74 billion, compared to PKR13.92 billion in FY2016, on the back of an uptick in cement dispatches to 2.08 million t.
The company’s costs were mixed: energy costs rose as the coal price jumped 41% year-on-year in the final quarter.
However, the company benefitted from lower transport costs, as more of its cement was sold into the local market, amid a contraction in exports.
Read the article online at: https://www.worldcement.com/indian-subcontinent/13092017/attock-cement-reports-increase-in-pre-tax-profits/
You might also like
World Cement Podcast
In the latest episode of the World Cement Podcast, we are joined by Eoin Condren, Corporate Development Executive Director for Ecocem. Topics covered include: the importance of investing in innovation, the role of policy and legislation in supporting next generation cement products, and a look at some exciting new technologies.
Cemex invests in electric mixers across its EMEA Operations
Cemex continues to reduce the carbon footprint of its EMEA supply chain operations through investments into new electric ReadyMix trucks across the region.
