Bestway Cement delivers strong 73% profit growth

July 15, 2025 (MLN): Bestway Cement Limited (PSX: BWCL) posted a profit after tax of Rs23.86 billion [EPS: Rs40.02] for the year ended June 30, 2025, reflecting a strong 73.32% increase compared to Rs13.77bn [EPS: Rs23.09] reported in the previous year.

The company has declared a final cash dividend of Rs10 per share (100%), in addition to interim dividends already paid totaling Rs24 per share (240%).

The company’s gross turnover rose by 15.73% year-on-year (YoY) to Rs168.49bn, up from Rs145.58bn in FY24.

Despite a 43.72% YoY rise in sales tax and excise duty to Rs54.72bn and a 67.37% increase in rebates and discounts, net turnover still managed to register a modest growth of 3.69% YoY, reaching Rs107.76bn.

Cost of sales slightly declined by 1.69% YoY to Rs70.48bn, which led to a 15.67% increase in gross profit, reaching Rs37.28bn.

On the expenses front, selling and distribution costs rose by 20.16% to Rs1.6bn, administrative expenses surged by 36.17% to Rs2.07bn, and other operating expenses jumped by 53.65% to Rs1.76bn.

Despite the rise in expenses, the company’s operating profit increased by 12.81% YoY to Rs31.84bn.

Other income rose sharply by 124.85% to Rs1.49bn, while finance costs dropped by 31.99% to Rs7.63bn.

The share of profit from equity-accounted investees more than doubled, rising by 128.47% YoY to Rs10.75bn.

As a result, profit before tax climbed 62.89% YoY to Rs36.45bn. Income tax expense also increased by 46.20% to Rs12.59bn.

 Copyright Mettis Link News