LCL net profit swells to Rs 1,133.875 million in first quarter fiscal year 2009

The profit after tax of Lucky Cement Limited has increased to Rs 1,133.875 million in the quarter ended March 31, 2009 as compared to Rs 665.272 million earned in the corresponding period in 2008. The board of directors of the company declared that the company's earning per share has increased to Rs 3.51 in the period under review against Rs 2.53 in the same period a year back.
According to the financial results, the company's turnover increased to Rs 6.700 billion in this period against Rs 4.664 billion in the same period last year. The cost of sales increased to Rs 4.472 billion against Rs 3.480 billion. The company's profit before tax increased to Rs 1,275.662 million in three months period in 2009 against Rs 585.535 million in the same period in 2008.