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News Dewan Cement releases 2024 quarterly results

Dewan Cement releases 2024 quarterly results

Written by Global Cement staff 03 October 2024
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Pakistan: Dewan Cement reported a profit after tax of US$329,000 for the quarter ending June 2024, marking a 47% year-on-year decline compared to US$619,000 earned in the same period in 2023. Despite a significant improvement in gross margins, the company recorded a net loss of US$1.83m for the full financial year 2024, slightly less than the US$2.11m loss in the financial year 2023. Quarterly sales rose by 3.4% to US$19.14m, with gross profit increasing significantly by 106.5% to US$1.06m in the quarter.

Last modified on 09 October 2024
Published in Global Cement News
Tagged under
  • Pakistan
  • Dewan Cement
  • Results
  • GCW680
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