Kohat Cement's profit after tax increases

16 Oct, 2012

The after tax profit of Kohat Cement Company has increased to Rs 476.111 million in the quarter ended September 30, 2012 as compared to Rs 128.083 million earned in the corresponding period in 2011. The board of directors of the company in its meeting held on October 13, 2012 at Lahore declared that the company's earning per share has increased to Rs 3.70 in the period under review against Re 0.99 in the same period last year.
According to the financial results sent to Karachi Stock Exchange on Monday the company's net sales increased to Rs 2.103 billion in the first quarter of FY13 against Rs 1.701 billion in the same period in FY12 while the cost of goods sold increased to Rs 1.377 billion against Rs 1.362 billion. The company's profit before taxation increased to Rs 577.928 million in this quarter against Rs 138.991 million in the same quarter last year.

Read Comments