Power Cement Limited Reports Unaudited Financial Results for the Third Quarter and Nine Months Ended March 31, 2018
Power Cement Limited reported unaudited financial results for the third quarter and nine months ended March 31, 2018. For the nine months, the company reported sales-net of PKR 3,309,790,000 against PKR 3,327,389,000 a year ago. Operating profit was PKR 397,022,000 against PKR 621,248,000 a year ago. Profit before taxation was PKR 401,529,000 against PKR 420,210,000 a year ago. Profit after taxation was PKR 288,574,000 or PKR 0.26 per basic and diluted share against PKR 323,745,000 or PKR 0.80 per basic and diluted share a year ago.
For the quarter, the company reported sales-net of PKR 1,217,782,000 against PKR 1,260,482,000 a year ago. Operating profit was PKR 113,624,000 against PKR 182,848,000 a year ago. Profit before taxation was PKR 129,983,000 against PKR 116,866,000 a year ago. Profit after taxation was PKR 90,450,000 or PKR 0.08 per basic and diluted share against PKR 81,630,000 or PKR 0.20 per basic and diluted share a year ago.