DG Khan Cement posts loss

20 Sep, 2008

DG Khan Cement has posted a net loss of Rs 53.230 million in the year ended June 30, 2008 against a net profit of Rs 1,622.471 million in the corresponding period last year. The company recorded per share loss of Re. 0.21 in the period under review against an earning per share of Rs 6.43 in the same period last year.
According to the financial results the company's net sales increased to Rs 12.445 billion in this period against Rs 6.419 billion in the same period last year. On the other hand, the cost of sales increased to Rs 10.530 billion in this period against Rs 4.387 billion in the same period last year. The company's loss before tax stood at Rs 250.930 million in this period against before tax profit of Rs 1,720.471 million in the same period last year.

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