Mustehkam Cement Limited (MCL) has posted Rs 346.486 million as profit after tax in the year ended June 30, 2012 (FY12) as compared to after tax loss of Rs 72.837 million recorded in the corresponding period in FY11. The board of directors of the company in its meeting held on September 29, 2012 at Islamabad declared that the company's earning per share stood at Rs 2.68 in the period under review against per share loss of Rs 2.12 in the same period last year.
According to the financial results sent to Karachi Stock Exchange, the company's net turnover increased to Rs 4.789 billion in FY12 against Rs 3.791 billion in FY11 while cost of sales increased to Rs 3.539 billion against Rs 3.159 billion. The company posted Rs 533.058 million as profit before taxation in FY12 against before tax loss of Rs 165.663 million in the same period in FY11.
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