DG Khan Cement posts Rs 170.961 million profit after tax

KARACHI: DG Khan Cement has posted Rs 170.961 million as profit after tax in the year ended June 30, 2011 (FY11) as compared to Rs 233.022 million earned in FY10. The board of directors of the company in its meeting held on Wednesday declared that the company’s earning per share stood at Re 0.45 in the period under review against Re 0.70 in the same period last year.

According to the financial results sent to Karachi Stock Exchange, the company’s net sales increased to Rs 18.577 billion in FY11 against Rs 16.275 billion in FY10. The cost of sales increased to Rs 14.192 billion against Rs 13.569 billion. The company’s profit before tax increased to Rs 601.192 million in FY11 against Rs 358.403 million in FY10.

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