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News Dewan Cement's turnover and loss rise in first quarter of 2023 financial year

Dewan Cement's turnover and loss rise in first quarter of 2023 financial year

Written by Global Cement staff 26 October 2022
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Pakistan: Dewan Cement recorded US$16.2m in turnover during the first quarter of its 2023 financial year, up by 17% year-on-year from US$13.9m in the first quarter of the 2022 financial year. Its cost of sales also rose, by 41% to US$17.7m from US$12.5m. As such, the producer's loss more than doubled to US$3.13m, from US$1.32m in the first quarter of the 2022 financial year.

Last modified on 26 October 2022
Published in Global Cement News
Tagged under
  • Pakistan
  • Dewan Cement
  • Results
  • costs
  • GCW580
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