Dewan Cement Ltd incurs losses of Rs 62 million

Sep-19

Sep-18

% Change

Turnover - net

           1,794,826

           2,902,120

-38%

Cost of sales

        (1,705,660)

        (2,451,069)

-30%

Gross profit

                 89,166

              451,051

-80%

Distribution cost

              (28,760)

              (30,221)

-5%

Administrative expenses

            (147,584)

            (106,659)

38%

Other operating expenses

                 (2,334)

              (24,547)

-90%

Other operating income

                 14,327

                       682

2001%

Operating profit / (loss)

              (75,186)

              290,306

Finance cost

                 (4,872)

              (12,644)

-61%

(Loss) / Profit before taxation

              (80,058)

              277,662

Taxation - net

                 17,123

              (92,837)

(Loss) / Profit after taxation

              (62,935)

              184,825

(Loss) / Earning per share (Rupees)

                   (0.13)

                     0.38