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News JK Cement’s first-half sales fall as profit rises

JK Cement’s first-half sales fall as profit rises

Written by Global Cement staff 10 November 2020
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India: JK Cement recorded sales of US$339m in the first half of the 2021 financial year, down by 3% from US$348m in the first half of the 2020 financial year. Profit after tax for the period rose by 15% to US$40.6m from US$35.4m, partly due to a 5% decrease in total expenses to US$285m from US$301.

In comments about the coronavirus pandemic the group said, “With gradual resumption of overall economic activities, operations have started moving towards normalcy."

Last modified on 11 November 2020
Published in Global Cement News
Tagged under
  • India
  • JK Cement
  • Results
  • coronavirus
  • GCW481

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