Skip to main content

Attock Cement reports increase in pre-tax profits

Published by
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

thyssenkrupp

Heading from #grey2green – the path to a sustainable future in cement business

In this webinar we will present you our vision for a green polysius® cement plant, with which we are setting the industry on a path to a sustainable future. Register for free today »

 
 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Pakistan cement news