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Mettis Global News

Kohat Cement reports 41% jump in profit to over Rs9bn

Kohat Cement reports 41% jump in profit to over Rs9bn
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April 28, 2025 (MLN): Kohat Cement Company Limited (PSX: KOHC) has posted a strong 41.63% increase in after-tax profit, reaching Rs9.22 billion for the nine months ended March 31, 2025, compared to Rs6.51bn in the same period last year.

The company’s earnings per share (EPS) rose to Rs47.08, up from Rs33.11 in the previous year, according to its consolidated interim statement of profit and loss.

Despite a 3.86% decline in net sales, which stood at Rs28.82bn, KOHC benefitted from a significant 21.69% reduction in the cost of sales to Rs16.81bn, leading to a 41.16% increase in gross profit to Rs12bn.

Administrative and general expenses jumped 50.91% to Rs545.23 million, while selling and distribution costs rose 11.99% to Rs154.21m.

Other expenses also increased by 24.46%, totaling Rs787.09m.

However, a 26.5% rise in other income to Rs3.98bn, coupled with a 49.44% reduction in finance costs, helped cushion the impact of higher operating expenses.

The company recorded a 42.5% rise in profit before income tax and final tax, reaching Rs14.22bn, further supported by a sharp 94.64% drop in final tax to Rs32.56m.

Meanwhile, overall taxation surged by 73.59% to Rs4.97bn, reflecting increased profitability during the review period.

Financial Results for the Nine Month Ended March 31, 2025
Description Mar-25 Mar-24 %Change
Sales – Net 28,815,514,056 29,972,165,936 -3.86%
Cost of Sales (16,814,493,678) (21,470,431,575) -21.69%
Gross Profit 12,001,020,378 8,501,734,361 41.16%
Selling & Distribution Expenses (154,212,872) (137,699,992) 11.99%
Administrative & General Expenses (545,234,869) (361,306,170) 50.91%
Other Expenses (787,087,167) (632,395,375) 24.46%
Total Other Expenses (1,486,534,718) (1,131,401,474) 31.39%
Operating Profit 10,514,645,560 7,370,332,887 42.66%
Other Income 3,977,330,200 3,144,087,562 26.50%
Finance Cost (270,383,836) (534,813,083) -49.44%
Profit Before Income Tax & Final Tax 14,221,432,004 9,979,607,366 42.50%
Final Tax (32,562,570) (607,031,897) -94.64%
Profit Before Taxation 14,188,869,434 9,372,575,469 51.39%
Taxation (4,967,749,268) (2,861,714,363) 73.59%
Profit After Taxation 9,221,120,185 6,510,861,106 41.63%
Earnings Per Share (Basic & Diluted) 47.08 33.11 42.19%

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Posted on: 2025-04-28T14:06:28+05:00