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

MG News | February 22, 2018 at 04:21 PM GMT+05:00

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Fecto Cement Ltd. announced financial results for the half year ending December 31^st, 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 31^st 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.

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