The profit after tax of Dewan Cement has increased to Rs 268.371 million in the quarter ended September 30, 2016 as compared to Rs 165.615 million earned in the corresponding quarter in 2015. The board of directors of the company in its meeting declared that the company's earning per share has surged to Rs 0.55 in the period under review against Rs 0.35 in the same period last year.
According to the financial results, the company's net turnover increased to Rs2.942 billion in this quarter against Rs 2.575 billion in the same quarter last year while cost of sales surged to Rs 2.378 billion against Rs 2.082 billion.
The company's profit before tax increased to Rs 363.881 million in this quarter against Rs 223.229 million in the same quarter last year.
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