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News Lucky Cement’s profit down as costs mount

Lucky Cement’s profit down as costs mount

Written by 01 August 2018
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Pakistan: Lucky Cement’s profit has fallen as its cost of sales including coal, other fuels and packing materials have risen. Its standalone profit after tax fell by 10.9% year-on-year to US$98.3m in the financial year that ended on 30 June 2018 from US$110m in the same period in 2017. Its gross sales rose by 9.4% to US$543m from US$497m. Cement and clinker sales volumes rose by 9.3% to 7.82Mt from 7.15Mt with increases in both local and export sales.

Published in Global Cement News
Tagged under
  • Pakistan
  • Lucky Cement
  • Results
  • Fuel
  • GCW364

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