DG Khan Cement’s profit after tax increases

Karachi: The profit after tax of DG Khan Cement has increased to Rs 317.749 million in the quarter ended September 30, 2011 as compared to Rs 22.146 million earned in the corresponding period in 2010.

The board of directors of the company in its meeting held on October 22, 2011 declared that earning per share of the company has increased to Re 0.73 in the period under review against Re 0.05 in the same period last year.

According to the financial results sent to Karachi Stock Exchange, the company’s sales increased to Rs 5.088 billion in this quarter against Rs 3.527 billion in the same quarter last year.

The cost of sales increased to Rs 3.556 billion against Rs 2.849 billion.

The company’s profit before taxation increased to Rs 561.281 million in the first quarter of FY11 against Rs 25.547 million in the same quarter in FY10.

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