Kohat Cement reports 54% surge in profit, reaches Rs7bn in 1HFY25

February 20, 2025 (MLN): Kohat Cement Company Limited (PSX: KOHC) has posted a remarkable 54% increase in after-tax profit, reaching Rs7 billion for the first half of the fiscal year 2025 (1HFY25), compared to Rs4bn in the same period last year.

The company’s earnings per share (EPS) surged to Rs35.15, up from Rs22.6 in 1HFY24, according to its condensed interim statement of profit and loss.

Despite a 3.72% decline in net sales, which stood at Rs20.6bn, the cement manufacturer benefitted from a substantial reduction in the cost of sales, down 23.36% to Rs11.8bn, driving a 47.42% rise in gross profit to Rs8.7bn.

The improvement in margins was a key contributor to the strong bottom-line growth.

Administrative and general expenses rose 52.82% to Rs372 million while selling and distribution costs increased by 18.3% to Rs100.7mn.

Other expenses also saw a rise of 23.65%, reaching Rs562.6mn.

However, a 48% jump in other income to Rs3bn and a 45.3% reduction in finance costs helped offset these increases.

The company reported a pre-tax profit of Rs10.56bn, up 63.5%, aided by a sharp decline in final tax to Rs21.5mn, compared to Rs389.9mn in the same period last year.

Meanwhile, total taxation surged 83.15% to Rs3.7bn, reflecting increased profitability.

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