Fecto Cement Ltd. announces Financial Results for the half year ending 31st December, 2017

Fecto Cement Ltd. announced financial results for the half year ending December 31st, 2017. The company reported Net Sales worth Rs. 2.47 billion during the half year against Rs. 2.765 billion same period last year; down 10.68% from last year.

Fecto Cement Ltd. reported bottom-line profits worth Rs. 227.730 million with an EPS of 4.54/share.

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Half Year Ended, December 31st 2017

Key Financials

2017

2016

% Change

 

Amounts in PKR ‘000

Net Sales

2,470,322

2,765,583

-10.68%

Gross Profit

522,806

890,958

-41.32%

Profit before Taxation

293,981

627,918

-53.18%

Profit after Taxation

227,730

449,619

-49.35%

EPS – Basic and diluted

4.54

8.96

-49.33%

The company release on the financial results can be accessed here.

Posted on: 2018-02-22T16:21:00+05:00