Power Cement Limited Announces Earnings Results for the Year Ended June 30, 2018
Power Cement Limited announced earnings results for the year ended June 30, 2018. For the year, the company reported net sales of PKR 4,343,240,000 against PKR 4,480,623,000 a year ago. Operating profit was PKR 358,020,000 against PKR 808,103,000 a year ago. Profit before taxation was PKR 348,778,000 against PKR 565,175,000 a year ago. Profit after taxation was PKR 319,907,000 or PKR 0.32 per basic and diluted share against PKR 466,793,000 or PKR 1.14 per basic and diluted share a year ago. Return On Equity (ROE) before tax was 3% compared to 15% a year ago. Return On Equity (ROE) after tax was 3% compared to 13% a year ago. Return On assets (ROA) before tax was 1% compared to 5% a year ago. Return On assets (ROA) after tax was 1% compared to 4% a year ago. EBITDA To aales was 12% compared to 21% a year ago. Net cash generated from was PKR 49,144,000 against net cash used of PKR 200,799,000 a year ago.