Attock Cement Pakistan profit falls 12% to Rs. 604 million

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MG News | October 20, 2017 at 11:07 AM GMT+05:00

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  • Attock Cement Pakistan Net Sales for the period increased by 7%, amounting to a total of 3.59 billion Rupees during the Quarter ended September, 30th 2017
  • Company’s Gross Profit decreased by 12.79%
  • The Profit after tax for the period decreased 12.43% reaching 604 million compared to same period last year’s profit of 690 million Rupees.
  • The company’s earnings per share reached 5.28 Rupees/Share
Comparison of Key Financials

Unconsolidated Profit and Loss Account - For the Quarter Ended, September 30th 2017

Key Financials

2017

2016

% Change
 

Amounts in PKR ‘000

Net Sales

3,590,353

3,358,995

6.89%

CoGS

2,373,693

1,963,917

20.87%

Gross Profit

1,216,660

1,395,078

-12.79%

Distribution Cost

284,469

273,736

3.92%

Administrative Expenses

107,616

104,888

2.60%

Operating Profit

800,498

1,003,638

-20.24%

Finance Cost

10,556

9,789

7.84%

Profit before Taxation

789,942

993,849

-20.52%

Taxation

185,000

303,000

-38.94%

PAT

604,942

690,849

-12.43%

EPS

5.28

6.03

-12.44%

Company release on Earnings Report can be accessed here.

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