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News Power Cement records loss as profit rises in 2022 financial year

Power Cement records loss as profit rises in 2022 financial year

Written by Global Cement staff 06 October 2022
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Pakistan: Power Cement's sales rose by 23% year-on-year to US$78.3m in its 2022 financial year, from US$63.6m in its 2021 financial year. Nonetheless, it recorded a comprehensive loss of US$2.06m, compared to an income of US$1.58m in the 2021 financial year. The company's cost of sales rose by 35% to US$67.2m from US$49.8m.

Last modified on 12 October 2022
Published in Global Cement News
Tagged under
  • Pakistan
  • Power Cement
  • Results
  • Loss
  • GCW578
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