D.G Khan Cement’s profits slip by 87.5% as cost of sales rise

Condensed Interim Statement of Profit and Loss for the 1^st Quarter ended September 30^th, 2018 ('000 Rupees)

Sales

                        8,788,734

                        8,110,392

8.36%

Cost of sales

                      (7,709,856)

                      (5,418,234)

42.29%

Gross profit

                        1,078,878

                        2,692,158

-59.93%

Administrative expenses

                          (187,198)

                          (168,080)

11.37%

Selling and distribution expenses

                          (183,919)

                          (237,724)

-22.63%

Other expenses

                            (83,621)

                          (281,327)

-70.28%

Other income

                            475,048

                            491,755

-3.40%

Changes in fair value of biological assets

                              27,196

                                        -  

Finance cost

                          (650,853)

                            (96,499)

574.47%

Profit before taxation

                            475,531

                        2,400,283

-80.19%

Taxation

                          (133,975)

                            333,035

Profit after taxation

                            341,556

                        2,733,318

-87.50%

Earnings per share - basic and diluted (Rupees)

                                   0.78

                                   6.25

-87.52%